4538 N Prospect Rd

For Lease

4538 N Prospect Rd, Peoria Heights, IL 61616

You can currently find 1 retail space(s) available for lease at 4538 N Prospect Rd. Designated use type for space listed here includes retail. Current retail listings at this property total 5,866 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 4538 N Prospect Rd.

Space Available For Lease 1

Contacts

Steve Reeves

Joseph & Camper Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 5,866 SF
  • Lot Size 0.15 Acre
  • Property Tenancy Single Tenant
  • Year Renovated 2021
  • Date Updated Jul 17, 2026
BOULEVARD ADD SE 1/4 SEC 22-9-8E LOTS 3-4-5 BLK 7 (EXC N 20' SD LOT 3)Restaurant Concept Ready | For Sale or Lease | Peoria Heights, Illinois Joseph & Camper Commercial is pleased to offer 4538 N Prospect Road, Peoria Heights, Illinois, a 5,866 SF former restaurant and bar available for sale at $899,900 or lease at $14.75 PSF NNN. Located in the heart of Peoria Heights' highly sought-after Restaurant Row, the property offers exceptional visibility and access along one of Central Illinois' premier dining and entertainment corridors. The existing layout includes a commercial kitchen with hood system and walk-in cooler, multiple dining areas, front and rear bars, a banquet room, lounge space, stage area, and dedicated employee and delivery entrances. Recent improvements include a complete remodel of the front and rear bars in 2016 and a new roof and HVAC systems in 2021. With extensive restaurant infrastructure already in place, the property presents a rare opportunity for an owner-operator, investor, or tenant seeking a restaurant-ready location in a proven hospitality market.Restaurant Concept Ready | For Sale or Lease | Peoria Heights, Illinois Joseph & Camper Commercial is pleased to offer 4538 N Prospect Road, Peoria Heights, Illinois, a 5,866 SF former restaurant and bar available for sale at $899,900 or lease at $14.75 PSF NNN. Located in the heart of Peoria Heights' highly sought-after Restaurant Row, the property offers exceptional visibility and access along one of Central Illinois' premier dining and entertainment corridors. The existing layout includes a commercial kitchen with hood system and walk-in cooler, multiple dining areas, front and rear bars, a banquet room, lounge space, stage area, and dedicated employee and delivery entrances. Recent improvements include a complete remodel of the front and rear bars in 2016 and a new roof and HVAC systems in 2021. With extensive restaurant infrastructure already in place, the property presents a rare opportunity for an owner-operator, investor, or tenant seeking a restaurant-ready location in a proven hospitality market.
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Getting around

  • 76/100

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  • 65/100

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Location

  • City Peoria Heights, IL
  • Neighborhood Peoria Heights
  • Zip Code 61616

Points of Interest

  • BP

    0.14 miles

  • Shell

    0.83 miles

  • Circle K

    3.04 miles

  • BP Gas Station/Red Carpet Carwash/Convenience Store

    3.31 miles

  • ChargePoint

    3.64 miles

  • Tesla Motors Destination Charger

    3.78 miles

  • Fast Stop

    3.93 miles

  • Huck's

    4.36 miles

  • Tesla Supercharger

    4.42 miles

  • Chargepoint Level 2 EV Charger

    7.53 miles

  • OSF North Parking Deck

    2.88 miles

  • Morton Park Parking

    2.95 miles

  • Medi-Park 3

    2.96 miles

  • Parking for UnityPoint Methodist Hospital

    3.05 miles

  • Medi-Park 2

    3.07 miles

  • Service parking for UnityPoint Methodist Hospital

    3.10 miles

  • Delivery Parking for UnityPoint Methodist Hospital

    3.13 miles

  • Parking for the UnityPoint Methodist Hospital Emergency Room

    3.16 miles

  • Parking for employees of UnityPoint Methodist Hospital

    3.19 miles

  • Additional parking for the UnityPoint Methodist ER

    3.22 miles

  • Dunkin'

    0.68 miles

  • McDonald's

    0.73 miles

  • Jimmy John's

    0.73 miles

  • Emo's Dairy Mart

    0.80 miles

  • LaGondola & Leonardo's

    0.95 miles

  • The Other Dawg

    0.95 miles

  • Domino's

    1.05 miles

  • Lou's Drive-In

    1.10 miles

  • DQ Grill & Chill

    1.55 miles

  • Sweet Basil Cafe of Peoria

    1.59 miles

  • Kroger

    1.61 miles

  • Schnucks

    1.92 miles

  • ALDI

    2.24 miles

  • Walmart

    2.43 miles

  • JCPenney

    2.88 miles

  • Northwoods Mall

    2.88 miles

  • Swagat

    3.03 miles

  • Target

    3.24 miles

  • Shop 'n Save

    3.32 miles

  • Walmart Supercenter

    4.16 miles

4538 N Prospect Rd Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 4538 N Prospect Rd asks $12.75/SF/YR per square foot.

  • The property includes 5,866 square feet of retail space for lease. Of this total, 5,866 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    4538 N Prospect Rd was last renovated in 2021.

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