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    1100 Bell St Bloomington, IL 61701

    Sponsored
    For Sale
    $8,250,000

    Large Industrial Building, Prime Location, Lease/Purchase Options

    Property size:
    253,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This expansive industrial property, encompassing 253,000 square feet on an 11.96-acre lot, presents a significant opportunity in Bloomington, Illinois. Strategically located across from Lakeside Country Club, this facility boasts a rich history, previously housing Eureka Company and later Electrolux. The property features two overhead doors and fourteen trailer docks, ensuring efficient loading and unloading capabilities. Ceiling heights reach up to 32 feet in certain areas, providing ample vertical space for various industrial uses. The building is equipped with a comprehensive fire alarm monitoring system and robust electrical service, including 480-volt 3-phase power, with each building section having its own bus panel. A fully sprinklered (wet system) fire suppression system is in place throughout the facility. The business office underwent a substantial renovation in 1998. Currently owner-occupied, the property is available for sale, and a lease-purchase agreement is negotiable. The building is also available for lease only. The property's M-1 zoning provides flexibility for a range of industrial applications. This exceptional property offers a compelling combination of size, location, and infrastructure, making it an ideal choice for businesses seeking a substantial and well-equipped industrial space.

    Property Features for 1100 Bell St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    253,000 SF
    Lot Size
    520,978 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Akshar Plastic Inc. Corporate Office AZ Supply Group ... Plastic Products Wholesaler

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Bloomington
    County
    McLean
    State
    Illinois
    Longitude
    -88.97969
    Latitude
    40.471

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    FAQs

    What type of property is this?
    Commercial real estate - Large Industrial Building, Prime Location, Lease/Purchase Options
    Where is this commercial real estate located?
    The property is located at 1100 Bell St Bloomington, IL.
    What is the asking price?
    The asking price for this property is $8,250,000.
    (309) 664-8500
    Request Owner's contact information
    1100 Bell St Bloomington, IL 61701
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    Bloomington, IL 61701
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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
    1100 Bell St Bloomington, IL 61701
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