4538 N Prospect Rd, Peoria Heights, IL for sale

4538 N Prospect Rd, Peoria Heights, IL 61616

Accepting Offers
4538 N Prospect Rd, Peoria Heights, IL for sale4538 N Prospect Rd, Peoria Heights, IL for sale4538 N Prospect Rd, Peoria Heights, IL for sale4538 N Prospect Rd, Peoria Heights, IL for sale
Asking Price

$749,900

4538 N Prospect Rd, Peoria Heights, IL for sale

4538 N Prospect Rd, Peoria Heights, IL 61616

Asset Type: Real Estate

Estate: Leasehold

Land Area: 0.15 Acres

Property Size: 5,866 SF

Property Type: Retail

Year Renovated: 2021

Number of Floors: 1

Offering Summary

5,866 SF former restaurant and bar available for sale 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. Incentives Located in a TIF District - Buildout funds available! $10,000 grant towards signage

Sale FAQs

Investment Sales Broker

Steve Reeves

Steve Reeves

Joseph & Camper Commercial

IL License: 475.190510

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXXXXXXX

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