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Peoria Heights Executive Plaza 4541 N Prospect Ave

45,756 SF 100% Leased Office Building Peoria Heights, IL 61616 £2,203,180 (£48/SF)

Investment Highlights

  • Large private parking lot
  • Located in the heart of Peoria Heights business district

Executive Summary

The Peoria Heights Executive Office Building is a four-story building in the HEART of the Peoria Heights Business District among other businesses, restaurants and parks/bike trails. The 1.76 acres provides a Large Private Parking Lot to the north and a smaller parking lot to the south.. free and convenient parking for tenants and visitors. Located in a charming and walkable community. Key tenants such as the "33 TASTING ROOM", Technology/Legal/Financial Offices along with retail work well in this professional setting. Passenger Elevator. Freight Elevator, Two stairwells. Exceptional Views!
The Central Illinois area knows of the property as the "Pabst Office Building". Timeless and Classic. The property has a rich history… Originally built to house the Executive Offices for Pabst Brewing Company. Today, it is a staple on N. Prospect Road with a grand presence and an inviting entrance. A professional office building with a substantial amount of private parking.

Property Facts Under Contract

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
45,756 SF
Building Class
B
Year Built
1948
Price
£2,203,180
Price Per SF
£48
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
11,439 SF
Building FAR
0.60
Lot Size
1.76 AC
Parking
25 Spaces (0.55 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-22-331-026
  • 14-22-332-002
Land Assessment
£199,042
Improvements Assessment
£626,097
Total Assessment
£825,138
  • Listing ID: 32332943

  • Date on Market: 03/07/2024

  • Last Updated:

  • Address: 4541 N Prospect Ave, Peoria Heights, IL 61616

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