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    1628 Commerce Pkwy, Unit A Bloomington, IL 61704

    For Lease
    $11 SF/Yr ($8,800 /Mo)

    1200 sq ft flex space with office and warehouse.

    Property size:
    9,600 SF
    Lot size:
    9,600 SF

    Property Features for 1628 Commerce Pkwy

    General Information

    Size
    9,600 SF

    Building Details

    Year built
    1992

    Source: Jill Spratt Agent Jill Spratt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Flex Space Available

    This 1,200 sq ft flex space features a combination of front office/retail area and a back warehouse. The property includes one restroom, a front lobby, three offices, and a back warehouse space with an overhead door. The building has a freshly painted exterior with new awnings. It is located on the corner of Hamilton Road and Commerce Parkway. This versatile property is suitable for client-facing operations, administrative tasks, storage, or logistics.
    Location Intelligence

    Current Use by Public Records

    Be Strong Gym United PM Services General Contractor David Smith Radon ... Construction Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -88.9723148
    Latitude
    40.4548619

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    FAQs

    What type of property is this?
    Flex space - 1200 sq ft flex space with office and warehouse.
    Where is this flex space located?
    The property is located at 1628 Commerce Pkwy, Unit A Bloomington, IL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Versatile flex space suitable for office, retail, warehouse, and logistics.; - Combination of front office/retail area with back warehouse.; - Convenient corner location at Hamilton Road and Commerce Parkway.
    (217) 722-3584
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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
    1628 Commerce Pkwy, Unit A Bloomington, IL 61704
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