Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    305 N Veterans Pkwy Bloomington, IL 61704

    For Lease
    Contact for pricing

    Restaurant opportunity with high visibility near medical center and headquarters.

    Property size:
    2,600 SF
    Lot size:
    2.01 Acres

    Property Features for 305 N Veterans Pkwy

    General Information

    Size
    2,600 SF
    Lot size
    2.01 Acres

    Source: Mid-America Real Estate Group Agent Paige Schiesser

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

    Overview

    Restaurant Endcap on Veterans Parkway

    This property presents an outlot endcap restaurant opportunity. It benefits from excellent visibility on Veterans Parkway, which sees over 40,900 vehicles per day. The location is directly across from OSF St. Joseph Medical Center and State Farm corporate headquarters. The property offers 2,600 square feet of space and is suitable for restaurants and retail purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Noodles and Company Restaurant Chipotle Mexican Grill Caterer AT&T Store Telecommunications Service Provider Men's Wearhouse Men'S Clothing Store Epic Burger Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -88.9522017
    Latitude
    40.4820767

    Nearby Similar for Lease

    • $14 SF/Yr

      Office Space in Central Location

      Office space for rent in a central Bloomington location.
      901 E Grove St, Bloomington, IL 61701
      View Details
    • $14 SF/Yr

      Bloomington Office Space For Rent

      Office space available in a central Bloomington location.
      901 E Grove St, Bloomington, IL 61701
      View Details
    • $14 SF/Yr

      Bloomington Office Space For Rent

      Office space available in a central Bloomington location.
      901 E Grove St, Bloomington, IL 61701
      View Details
    • $14 SF/Yr

      Bloomington Office Space For Rent

      Office space available in a central Bloomington location.
      901 E Grove St, Bloomington, IL 61701
      View Details
    • $14 SF/Yr

      Bloomington Office Space For Rent

      Office space available in a central Bloomington location.
      901 E Grove St, Bloomington, IL 61701
      View Details
    • $8 SF/Yr

      East Bloomington Office Space Available

      Office space near established business park in East Bloomington.
      2201 Eastland Dr, Bloomington, IL 61704
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant opportunity with high visibility near medical center and headquarters.
    Where is this restaurant located?
    The property is located at 305 N Veterans Pkwy Bloomington, IL.
    What are key features of this property?
    This property features: - Outlot endcap restaurant opportunity; - Excellent visibility on Veterans Parkway; - High traffic volume: Over 40,900 VPD
    (630) 954-7300
    Request Owner's contact information
    305 N Veterans Pkwy Bloomington, IL 61704
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    305 N Veterans Pkwy
    Bloomington, IL 61704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    305 N Veterans Pkwy Bloomington, IL 61704
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.