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Retail Strip Center with Parking
For Sale
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1605 Morrissey Dr, Bloomington, IL 61704

Retail strip center offering visibility from Veterans Parkway and ample on-site parking, with recent upgrades to the property and lot.

Property Size23,181 SF
Price / SF$38.82
Days on Market197

Property Features for 1605 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: Jan 14 Changed: Jul 27 Last Checked: Jul 30 at 1:38PM

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 retail strip center includes multiple storefront spaces within a single property footprint. Recent upgrades have been made to both the property and the parking lot, supporting a well-presented tenant environment.

The center is positioned for strong visibility from Veterans Parkway and is supported by ample parking for customer access.

The property is offered for sale and is structured as a strip mall-style retail asset designed to serve a range of in-line tenant setups within the same center.

Key Highlights

  • Retail strip center with visibility from Veterans Parkway
  • Ample on‑site parking for customers
  • Recent upgrades to the property and the parking lot

Property Analytics

Current Use

GoCredit.me-Bloomington Loan Service Hertz - Uber, Bloomington Freight Service Coco Lane Boutique Clothing & Fashion Store Dollar Car Rental ... Car Rental Facility Ipamorelin Center Medical Group

Suggested Use

Top Pick Dental Office Law Firm Restaurant Pharmacy Skin Care Clinic Parking Lot & Garage

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

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail strip center offering visibility from Veterans Parkway and ample on-site parking, with recent upgrades to the property and lot.
Where is this strip mall located?
The property is located at 1605 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: Retail strip center with visibility from Veterans Parkway; Ample on‑site 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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