For Lease

4538 N Prospect Rd

4538 N Prospect Rd, Peoria Heights, IL 61616

5,866

SF Available
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.

Rental Details

  • Number of spaces 1
  • Total square feet available 5,866 SF
  • For Lease $14.75/SF/YR
  • Space Types Retail
  • Lease Type NNN
  • Date Updated Jun 9, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

For Lease 1 Space Available

Contacts

Steve Reeves

Joseph & Camper Commercial

Building Details

  • For Lease $14.75/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 5,866 SF
  • Lot Size 0.15 Acre
  • Property Tenancy Single Tenant
  • Year Renovated 2021
  • Date Updated Jun 9, 2026

Attachments

Getting Around

  • Walk Score ®

    Very Walkable (76)

  • Bike Score ®

    Bikeable (65)
Powered by Walk Score ®

Location

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

Points of Interest

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

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

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 Summary

  • The Price for Retail Space at 4538 N Prospect Rd

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 4538 N Prospect Rd, asking rent starts at $$14.75/SF/YR per square foot.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

    Recent renovations also contribute to the attractiveness of a retail property, which, in turn, influences rent. 4538 N Prospect Rd was last renovated in 2021.

  • Retail Space Options Available at 4538 N Prospect Rd

    The property exclusively contains Retail space totaling 5,866 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 4538 N Prospect Rd, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Listing Broker
  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.