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Shopping Center with Ample Parking
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1603 Morrissey Dr, Bloomington, IL 61704

Shopping center with great visibility from Veterans Parkway and ample parking, with recent upgrades to the property and lot.

Property Size23,181 SF
Price / SF$38.82
Days on Market336

Property Features for 1603 Morrissey Dr

General Information

Standard status Active
Size 23,181 SF
Property subtype RETAIL
Listing Agency: SVN | Core 3
Listed By: Carrie Tinucci-Troll · License #IL475166842
Source: Moodyscre
Added: Aug 29, 2025 Changed: Jul 28 Last Checked: Jul 29 at 12:56PM

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 SVN | Core 3

Investment Insights

Based on property information with market context.

This shopping center at 1603 Morrissey Dr, Bloomington, IL 61704 includes recent upgrades to the property and the parking lot. The overall offering provides lots of potential across the spaces available.

The property is positioned for strong visibility from Veterans Parkway and includes ample parking for visitors and customers.

As a retail-focused center, it may be well suited for tenants or buyers seeking a shopping center configuration with improvements already completed to the property and parking area.

Key Highlights

  • Shopping center with visibility from Veterans Parkway
  • Ample parking for customers
  • Recent upgrades to the property and the parking lot

Property Analytics

Current Use

FedEx Drop Box Postal Service

Suggested Use

Top Pick Dental Office Law Firm Restaurant Pharmacy Skin Care Clinic Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby
114k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 43% Shops & Services 41% Hotels & Casinos 14% Beauty & Spa 3%
Starbucks Dining
17,811 visits/mo 0.1 miles
Double Tree by Hilton Hotels & Casinos
15,248 visits/mo 0.3 miles
Panera Bread Dining
13,576 visits/mo 0.3 miles
Dollar Tree Shops & Services
11,536 visits/mo 0.2 miles
Shell Shops & Services
10,363 visits/mo 0.2 miles

Demographics for 61704, IL

37,129
Population
16,529
Households
2.2
Avg Household Size
38
Median Age
58%
College-Educated
97%
High-School Grad
19.0 sq mi
ZIP Area
1,954
Density / Sq Mi
$93,107
Median Household Income
$59,072
Median Earnings
$1,094
Median Rent
$242,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Silvestre — 1402 Commerce Pkwy, Bloomington, IL 61701
  • Von maur — s veterans pkwy, bloomington, il 61701

Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center with great visibility from Veterans Parkway and ample parking, with recent upgrades to the property and lot.
Where is this shopping center located?
The property is located at 1603 Morrissey Dr Bloomington, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Shopping center with visibility from Veterans Parkway; Ample parking for customers; Recent upgrades to the property and the parking lot
(331) 452-6860 Call to check price and availability
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