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Office Unit with Conference Room
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1605 W Candletree Dr, Peoria, IL 61615

Two private offices, storage, kitchenette, and restroom support daily operations.

Space SizeContact for details
Days on Market35

Property Features for 1605 W Candletree Dr

General Information

Standard status Active

Building Details

Year Built 1980
Listing Agency: RE/MAX Traders Unlimited
Listed By: Justin Ball · License #475175281
Source: Schaublerealty
Added: Jul 27 Changed: Aug 29 Last Checked: Aug 29 at 2:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This office unit provides 1,200 square feet with two private offices, a substantial conference room or workroom, a storage room, kitchenette, and restroom. Built in 1980, the property offers a practical layout for office operations within a professional condominium setting.

The 16-suite Parkway Plaza complex is positioned near University Street and Pioneer Parkway in North Peoria. Annual association fees cover water, garbage, snow removal, and lawn care, providing shared property services for the office community.

Key Highlights

  • 1,200‑square‑foot office unit with two private offices
  • Large conference room or workroom supports meetings and collaborative use
  • Includes storage room, kitchenette, and restroom

Property Analytics

Current Use

Universal Industrial Manufacturer Laddu Express Big Box & Wholesale Store Dr. Daniel Mcconnell Alternative Medicine Practice Integrity Plus Financial ... Financial Advisor Bright Candletree Rehabilitation ... Rehabilitation Center

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,211
Businesses Nearby

Demographics for 61615, IL

24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value

Market

Lease Benchmarks for Peoria, IL

$16.53 /SF/Yr
Avg Asking Price
$7–$107 /SF/Yr
Price Range
5,578 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two private offices, storage, kitchenette, and restroom support daily operations.
Where is this office units located?
The property is located at 1605 W Candletree Dr Peoria, IL.
What are key features of this property?
This property features: 1,200‑square‑foot office unit with two private offices; Large conference room or workroom supports meetings and collaborative use; Includes storage room, kitchenette, and restroom
More about this property
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