Search
Leased Retail and Office Property
For Sale
Contact for pricing

511 W Washington St, Bloomington, IL 61701

100% leased commercial building with Grifols Talecris Plasma Resources as an anchor tenant occupying about 30% of space.

Property Size21,673 SF
Lot Size1.33 Acres
Days on Market133

Property Features for 511 W Washington St

General Information

Standard status Active
Size 21,673 SF
Lot size 1.33 Acres
Property subtype Retail, Office
Occupancy 100%

Additional Details

Traffic Count 20,000 vehicles/day
Listing Agency: Matthews
Listed By: Connor Olandt · License #CA 01985082
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 4:24PM

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 Matthews

Investment Insights

Based on property information with market context.

Washington Square is a for-sale commercial property at 511 W Washington St in Bloomington, Illinois. The building is currently 100% leased and totals approximately 21,673 SF of gross leasable area on 1.33 acres. A key tenant is Grifols Talecris Plasma Resources, an international plasma donation operator, which occupies about 30% of the total space. The offering is positioned as a value-add opportunity, with some leases identified as set to expire soon.

The property is located on Washington Street and is described as having strong access and high-visibility exposure, with over 20,000 cars passing by daily. The trade area is also described as having a population of more than 144,785 people within a 10-mile radius.

Key Highlights

  • 100% leased commercial property at 511 W Washington St, Bloomington, IL 61701.
  • Grifols Talecris Plasma Resources is the international anchor tenant, occupying about 30% of the total GLA.
  • Approximately 21,673 SF gross leasable area on a 1.33‑acre land parcel.

Property Analytics

Current Use

Talecris Plasma Resources Medical Clinic

Suggested Use

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

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

Lease Details

20,000 VPD
Traffic count
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,574
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - 100% leased commercial building with Grifols Talecris Plasma Resources as an anchor tenant occupying about 30% of space.
Where is this office building located?
The property is located at 511 W Washington St Bloomington, IL.
What are key features of this property?
This property features: 100% leased commercial property at 511 W Washington St, Bloomington, IL 61701.; Grifols Talecris Plasma Resources is the international anchor tenant, occupying about 30% of the total GLA.; Approximately 21,673 SF gross leasable area on a 1.33‑acre land parcel.
More about this property
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