1605 Candletree Dr Peoria, IL 61614
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.
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Universal Industrial Manufacturer Production Facility
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Laddu Express Big Box & Wholesale Store Food Market
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Dr. Daniel Mcconnell Alternative Medicine Practice
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Integrity Plus Financial Solutions Financial Advisor
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Bright Candletree Rehabilitation Program Rehabilitation Center Alcoholism Treatment Program
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.