4440 Prospect Rd, Peoria Heights, IL 61616-6556
This prime 1,560 square foot retail/office space in Peoria Heights offers a fantastic location on Prospect Road. Previously occupied by a bank, the layout includes an open area, multiple private offices, and a former teller area, providing flexibility for various business needs. The property benefits from high visibility due to its endcap location at a four-way stop, ensuring excellent exposure to traffic on Prospect Road. Its adjacency to Heritage Square provides added convenience and potential synergy with other businesses. Furthermore, the property offers direct access to the Rock Island Trail via the parking lot, providing an attractive amenity for employees and customers. This single-tenant space presents a unique opportunity for businesses seeking a well-situated and versatile office environment in a desirable Peoria Heights location. The building is situated in Peoria County. The property type is classified as retail and office, with a traditional office subtype.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.