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Central Illinois Warehouse Investment Opportunity
For Sale
$2,556,000

1815 Morrissey Dr, Bloomington, IL 61704

59,460 SF warehouse on 9.1 acres near Route 150.

Property Size59,460 SF
Price / SF$42.99
Days on Market251

Property Features for 1815 Morrissey Dr

General Information

Standard status Active
Size 59,460 SF
Property subtype Industrial

Building Details

Year Built 1964
Listing Agency:
Listed By: Jill Spratt
Source: Svn
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Jul 30 at 4:26AM

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 Jill Spratt

Investment Insights

Based on property information with market context.

This 59,460 square foot warehouse, situated on a 9.1-acre lot in Central Illinois, presents an investment opportunity. The property is located near Route 150, with access to major interstates, and approximately 9 miles from the Rivian Automotive Plant. Currently leased to multiple tenants with varied lease terms, the building offers immediate income and flexibility for future occupancy or redevelopment. The property is suitable for logistics, manufacturing, distribution, or expansion. The warehouse includes 5 drive-in bays and 4 dock doors and is fully sprinklered. The expansive lot provides parking, outdoor storage capacity, and potential for future expansion. The property is located off Morrissey Drive (Rt. 150) and just north of Rhodes Lane and is centrally located between Chicago, St. Louis, and Indianapolis.

Key Highlights

  • Sizeable 59,460 sq ft warehouse on 9.1 acres, suitable for various uses.
  • Prime Central Illinois location with excellent accessibility near Route 150 and major interstates.
  • Currently leased to multiple tenants, providing immediate income and flexibility.

Property Analytics

Current Use

Infinity Martial Arts Training Center Price Cemetery Cemetery Weaver's Rent-All (Bike/Boat/Book/etc) Store Let's Party Rental Rental Equipment Company Diamond Buildings LLC Production Facility

Suggested Use

Top Pick Dental Office Law Firm Pharmacy Grocery & Convenience Store Cafe & Coffee Shop Bakery

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

291
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61704, IL

37,129
Population
16,529
Households
2.2
Avg Household Size
38
Median Age
58%
College-Educated
97%
High-School Grad
19.0 sq mi
ZIP Area
1,954
Density / Sq Mi
$93,107
Median Household Income
$59,072
Median Earnings
$1,094
Median Rent
$242,000
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Tentac Self Storage — 1 Brickyard Dr, Bloomington, IL 61701
  • Ks Distribution Center — Bloomington, IL 61704, United States
  • Gildner Self Storage — 2031 Ireland Grove Rd, Bloomington, IL 61704

Frequently Asked Questions

What type of property is this?
Warehouse - 59,460 SF warehouse on 9.1 acres near Route 150.
Where is this warehouse located?
The property is located at 1815 Morrissey Dr Bloomington, IL.
What is the asking price?
The asking price for this property is $2,556,000.
What are key features of this property?
This property features: Sizeable 59,460 sq ft warehouse on 9.1 acres, suitable for various uses.; Prime Central Illinois location with excellent accessibility near Route 150 and major interstates.; Currently leased to multiple tenants, providing immediate income and flexibility.
More about this property
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