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Historic Downtown Office Building
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108 W Monroe St, Bloomington, IL 61701

Three-story office building with captivating curb appeal in downtown Bloomington.

Property Size4,556 SF
Price / SF$60.36
Days on Market868

Property Features for 108 W Monroe St

General Information

Standard status Active
Size 4,556 SF
Class B
Property subtype Office
Zoning D1

Building Details

Year Built 1900
Buildings 1
Stories 3
Listing Agency: Axis 360 Commercial Real Estate Specialists
Listed By: Meghan O'Neal-Rogozinski, CCIM · License #Bloomington IL 475159841
Source: Crexi
Added: Apr 3, 2024 Changed: Aug 12 Last Checked: Aug 17 at 9:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Axis 360 Commercial Real Estate Specialists

Investment Insights

Based on property information with market context.

This three-story brick building, rebuilt after the fire of 1900, is located at the corner of W. Monroe and N. Center Streets. For over 25 years, it has been home to the Law Office of Ogar & Miller. The property has a captivating curb appeal and is situated in Downtown Bloomington. The building features a reception area, office, and a large conference room on the first floor. Both the second and third floors contain offices. A full, dry basement is also included. The original safe remains on the first floor, having been rebuilt around. The property, with a size of 4556 square feet, is located in the Enterprise Zone.

Key Highlights

  • Prime downtown location at the corner of W. Monroe and N. Center Streets.
  • Historic three‑story brick building with captivating curb appeal.
  • Property is located in an Enterprise Zone.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Locksmith (Bike/Boat/Book/etc) Store Wine and Liquor Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,631
Businesses Nearby

Demographics for 61701, IL

34,497
Population
18,038
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
11.0 sq mi
ZIP Area
3,136
Density / Sq Mi
$55,882
Median Household Income
$37,674
Median Earnings
$873
Median Rent
$138,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building with captivating curb appeal in downtown Bloomington.
Where is this office building located?
The property is located at 108 W Monroe St Bloomington, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Prime downtown location at the corner of W. Monroe and N. Center Streets.; Historic three‑story brick building with captivating curb appeal.; Property is located in an Enterprise Zone.
(309) 664-3617 Call to check price and availability
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