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    2401 Empire St Bloomington, IL 61704

    Sponsored
    For Sale
    $3,385,000

    Spacious Retail Building, High Visibility

    Property size:
    18,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional 18,000-square-foot freestanding retail building at 2401 1/2 E Empire Street in Bloomington, Illinois, presents a unique investment opportunity. Boasting a large showroom with tile flooring, the property includes 3-4 offices, ample storage, restrooms, and a substantial warehouse area. The warehouse features an extra-large overhead door, a convenient drive-through door connecting to the showroom, and a dock door, enhancing operational efficiency. A fenced patio area facing Empire Street adds to the property's appeal. The building's high ceilings offer exceptional versatility for various business needs. Its prime location between Veterans Parkway and the Central Illinois Regional Airport, surrounded by established businesses, ensures high visibility and significant traffic count. A prominent marquis sign with a fully functional LED message board further enhances visibility.

    Property Features for 2401 Empire St

    General Information

    Property type
    Retail properties
    Square Feet
    18,000 SF

    Building Details

    Year Built
    2002
    Property Profile Location Intelligence

    Current Use by Public Records

    Jackie Spencer, Realtor Real Estate Agent BJ Armstrong Custom ... Custom Home Builder Nick Snyders - Realtor ... Real Estate Agent Christina King Realtor ... Real Estate Agent Kri Brownfield Real Estate Agent

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    McLean
    State
    Illinois
    Longitude
    -88.93706
    Latitude
    40.48775

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    FAQs

    What type of property is this?
    Retail property - Spacious Retail Building, High Visibility
    Where is this retail property located?
    The property is located at 2401 Empire St Bloomington, IL.
    What is the asking price?
    The asking price for this property is $3,385,000.
    (309) 663-7653
    Request Owner's contact information
    2401 Empire St Bloomington, IL 61704
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    Bloomington, IL 61704
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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
    2401 Empire St Bloomington, IL 61704
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