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    1605 W Candletree Dr Peoria, IL 61614

    For Sale
    $144,000

    1,200 SF office/medical condo for sale. Abundant parking.

    Property size:
    1,200 SF
    Lot size:
    1.37 Acres

    Property Features for 1605 W Candletree Dr

    General Information

    Size
    1,200 SF
    Lot size
    1.37 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office/Medical Condo on Candletree Drive

    A 1,200 square foot office or medical office condominium is available for sale on Candletree Drive. The space is currently occupied by a chiropractor. The layout includes an open waiting room and reception area, three treatment rooms or private offices, and men's and women's restrooms, along with some open area. The building, consisting of 16 units, had its exterior painted in 2020, and the entire parking lot was resurfaced and restriped in 2021. Neighboring condo owners at 1605 Candletree Drive include medical, financial, and other general office users. Abundant parking is available on-site. The property is located on Candletree Drive, one block from University.
    Location Intelligence

    Current Use by Public Records

    Universal Manufacturer Laddu Express Food Products Supplier Dr. Daniel Mcconnell Chiropractor Integrity Plus Financial ... Financial Planner Bright Candletree Rehabilitation ... Rehabilitation Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Mt. Hawley Animal Clinic, Mt Hawley Animal Clinic: Dawson Heather DVM, Tom Cats, Johnson Bill DVM

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.621023
    Latitude
    40.781136

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    FAQs

    What type of property is this?
    Medical office - 1,200 SF office/medical condo for sale. Abundant parking.
    Where is this medical office located?
    The property is located at 1605 W Candletree Dr Peoria, IL.
    What is the asking price?
    The asking price for this property is $144,000.
    What are key features of this property?
    This property features: - Ideal for medical or general office use, benefiting from the current layout and nearby tenants.; - Well-maintained building, featuring recent exterior paint (2020) and parking lot resurfacing (2021).; - Functional layout includes a waiting room, three private offices/treatment rooms, and restrooms.
    (309) 643-0717
    Request Owner's contact information
    1605 W Candletree Dr Peoria, IL 61614
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1605 W Candletree Dr Peoria, IL 61614
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