Property summary
This 1,200 square foot Class B mixed-use office condo is ideally located at 1605 W Candletree Dr, Peoria, IL 61614. Built in 1979, this single-story building offers a versatile space previously used as a chiropractic office. The layout includes a welcoming reception area, three private offices or treatment rooms, separate men's and women's restrooms, and additional open space. Exterior building paint was refreshed in 2020, and the parking lot was resurfaced and restriped in 2021. This unit is one of sixteen within the building, situated in a thriving commercial area with neighboring medical, financial, and general office businesses. The property boasts ample on-site parking and enjoys a convenient location just one block from University Street, zoned C2. The asking price is $94,000, translating to $78.33 per square foot. This presents a compelling opportunity for owner-occupancy or investment in a well-maintained and strategically positioned property.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
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Big Box & Wholesale Store Food Market
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Alternative Medicine Practice
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Financial Advisor
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Rehabilitation Center Alcoholism Treatment Program
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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