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    2507 E Oakland Ave Bloomington, IL 61701

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    For Lease
    $8 SF/Yr ($6,712 /Mo)

    Spacious retail space with high ceilings in a busy area.

    Property size:
    10,069 SF
    Lot size:
    6.14 Acres

    Property Features for 2507 E Oakland Ave

    General Information

    Size
    10,069 SF
    Lot size
    6.14 Acres

    Source: BHHS - Central Il Realtors - Bloomington Agent Melissa Dittbenner

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

    Overview

    Retail Space in High-Traffic Location

    This retail space offers over 10,000 square feet of mostly open space with high ceilings. The property benefits from a central business location with high traffic volume. The interior can be easily built to suit. The location provides ample power and parking. It is anchored by Kroger, Walgreens, McDonald's, State Farm, and other local businesses. The property is situated on one of the busiest intersections.
    Insight Report Location Intelligence

    Current Use by Public Records

    higi Health Consultant Hair Cuttery Hair Salon Coinstar Kiosk | Bitcoin ... Atm Little Caesars Pizza Pizza Restaurant Kroger South Bloomington ... Bicycle Rack

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -88.9532943
    Latitude
    40.4719977

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    FAQs

    What type of property is this?
    Retail space - Spacious retail space with high ceilings in a busy area.
    Where is this retail space located?
    The property is located at 2507 E Oakland Ave Bloomington, IL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic central business location; - Boasting 10,000+ square feet of mostly open space; - High ceilings
    (309) 275-5670
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    2507 E Oakland Ave 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
    2507 E Oakland Ave Bloomington, IL 61701
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