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4425 N Prospect Road

Peoria Heights, IL 61616
  • $900,000
  • STATUS: Closed
  • ON SITE: 690 Days
  • ID#: PA1241188
Sold - 08/30/2024
$900,000
SOLD - 08/30/2024
  • 0
    BEDS
  • 1.71
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Description

LOCATION and SIZE is the combination 4425 N PROSPECT brings to the buyer looking for 1.71 ACRES in the heart of Peoria Heights BUSINESS DISTRICT. One entire city block on N Prospect Road offers plenty of paved PARKING and multiple ACCESS points. The 12,880 sqft freestanding building currently has a tenant completing their long term lease. It has housed other grocery stores in the past and will be ripe for any new development. The Rock Island Trail is at the "front door" and brings in the pedestrian/bike demographics from both the north and the south. Not to be overlooked is the newly announced 2 MILLION dollar FEDERAL GRANT that will kick off a major road improvement, enhancing the busy corridor.

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© 2025 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2025-02-11T19:45:12.477.
www.brysonsmithteam.com/homes/137942122
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4425 N Prospect Road Peoria Heights, IL 61616

  • Price: $1,099,000
  • Status: Closed
  • On Site: 690 Days
  • Updated: 39 min ago
  • ID#: PA1241188
0
Beds
0
Baths
0
½ Baths
1.71
Acres
1960
Built
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
LOCATION and SIZE is the combination 4425 N PROSPECT brings to the buyer looking for 1.71 ACRES in the heart of Peoria Heights BUSINESS DISTRICT. One entire city block on N Prospect Road offers plenty of paved PARKING and multiple ACCESS points. The 12,880 sqft freestanding building currently has a tenant completing their long term lease. It has housed other grocery stores in the past and will be ripe for any new development. The Rock Island Trail is at the "front door" and brings in the pedestrian/bike demographics from both the north and the south. Not to be overlooked is the newly announced 2 MILLION dollar FEDERAL GRANT that will kick off a major road improvement, enhancing the busy corridor.
Exterior Features

Construction Materials Aluminum SidingBlockGlass Roof MembraneOther

Interior Features

Building Area Total 12880 Cooling Central Air Flooring ConcreteOther Heating Forced Air

Property Features

Agent Owned No Financing Cash OnlyConventional Frontage Type City StreetCorner LotPaved 4Lane Levels OneTwo Lot Size Dimensions 264x297x138x139x238 Possible Use Refrigerated/Cold StorageFreestanding BuildingRetail Sewer Public Sewer Tax Annual Amount 28437.58 Tax Incentive1 Yes Tax Legal Description SW 1/4 SEC 22-9-8E (77-29704) COMG 33' W OF NE COR S 1/2 S 1/2 SW 1/4 SEC 22: N 135.4' W 264.11' S.. Tax Year 2022 Type Commercial Water Source Municipal/City Zoning Commercial

Listing provided courtesy of Julie Bielfeldt of Keller Williams Premier Realty: Pref: 309-360-6686.
© 2025 RMLS Alliance, LLC. All Rights Reserved.


© 2025 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2025-02-11T19:45:12.477.
 
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Bryson Smith Team | Keller Williams Premier Realty
4700 North Prospect Road
Peoria IL, 61616