All-Brick Office Warehouse
14 Currency Drive Bloomington, IL 61704
For Sale
$869,000
All-brick building with a reception area, nine offices, restrooms, and an attached warehouse with overhead doors.
Property Size7,220 SF
Price / SF$120.36
Days on Market298
Property Features for 14 Currency Drive
General Information
- Standard status
- Active
- Size
- 7,220 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1996
Listing Agency:
BHHS Central Illinois, REALTORS
(309) 275-5670
Listed By:
Melissa Dittbenner · License #475175689
(309) 275-5670
Source:
Xome
Added: Sep 29, 2025
Changed: Jul 23
Last Checked: Jul 23 at 7:22AM
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 BHHS Central Illinois, REALTORS
Investment Insights
Based on property information with market context.
An all-brick commercial building with an attractive stone facade offering a well-designed office environment alongside an attached warehouse. The interior features a welcoming reception area, nine private offices, four restrooms, a dedicated storage/IT room, and a large employee kitchen. Additional flexible work areas include a meeting room (or extra office) and an expansive conference room that can support configurations such as cubicles or bullpen-style workstations. The property also includes ample storage and is described as ADA-compliant and extremely well-maintained.
An attached warehouse measures 30' x 60' and includes two overhead doors and an explosion-proof drain, supporting light industrial or specialty uses. The building is positioned at 14 Currency Drive in Bloomington, IL.
The overall layout is structured to support multi-area occupancy, with a potential configuration for up to three separate suites.
An attached warehouse measures 30' x 60' and includes two overhead doors and an explosion-proof drain, supporting light industrial or specialty uses. The building is positioned at 14 Currency Drive in Bloomington, IL.
The overall layout is structured to support multi-area occupancy, with a potential configuration for up to three separate suites.
Key Highlights
- 1996 all‑brick commercial building with attractive stone facade and a welcoming reception area
- Interior includes nine private offices, meeting room/additional office, expansive conference room, and an ADA‑compliant layout
- Four restrooms plus storage/IT room and large employee kitchen, with additional coffee/breakroom space
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.4k | $10.44 |
| − Vacancy | −$4.1k | −$0.57 |
| EGI | $71.2k | $9.87 |
| − OpEx | −$10.7k | −$1.48 |
| NOI | $60.5k | $8.39 |
7,220 SF · lease $10.44/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.23M
$1.08M – $1.44M
NOI $86,423 @ 7.0% cap · market cap 9.95%
Second Best
Warehouse
$864.9K
$756.8K – $1.01M
NOI $60,546 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,354 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Siemens
Engineering Consultant
Siemens Infrastructure/Cities
Hardware & Home Improvement
FAQs
What type of property is this?
Flex space - All-brick building with a reception area, nine offices, restrooms, and an attached warehouse with overhead doors.
Where is this flex space located?
The property is located at 14 Currency Drive Bloomington, IL.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: 1996 all‑brick commercial building with attractive stone facade and a welcoming reception area; Interior includes nine private offices, meeting room/additional office, expansive conference room, and an ADA‑compliant layout; Four restrooms plus storage/IT room and large employee kitchen, with additional coffee/breakroom space
