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    1717 Candletree Dr Peoria, IL 61614

    Sponsored
    For Lease
    $10 SF/Yr ($5,000 /Mo)

    Prime Peoria Office Suite - 1,200 SF Available

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This single-story, 6,000 square foot Class B office building at 1717 W Candletree Dr, Peoria, IL 61614, offers a fantastic leasing opportunity. Built in 1978, the property features five suites in total, with one 1,200 square foot suite currently available for lease. This executive/traditional office space boasts a large open area, two private offices, and a restroom. The building is conveniently located just south of Pioneer Parkway and one block east of University Street in Peoria County, within a C-2 zoned area. The property is in excellent condition and is priced competitively. Immediate occupancy is available. The building's diverse tenant mix includes an accounting firm, an insurance/wealth management office, and an early childhood advocacy group, creating a collaborative and professional environment. This is an exceptional opportunity to secure a well-located, well-maintained office space in a thriving Peoria business district. The property is easily accessible and ready for immediate move-in.

    Property Features for 1717 Candletree Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Class
    B
    Total Rate
    5000

    Building Details

    Year Built
    1978
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite A
    Size
    1,200 SF
    Rate per SF
    $10
    Property Profile Location Intelligence

    Current Use by Public Records

    Birth to Five Illinois: ... Non-Profit Organization 1717 W Candletree ... Tax Preparation Bonnie Lee Accounting ... Consultant Dr. Ryan Davis Dental Implants Periodontist Aspect Packaging Solutions Packaging Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.618976791461
    Latitude
    40.781107466709

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Peoria Office Suite - 1,200 SF Available
    Where is this office property / space located?
    The property is located at 1717 Candletree Dr Peoria, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    Request Owner's contact information
    1717 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
    1717 Candletree Dr Peoria, IL 61614
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