1609 W Market St Bloomington, IL

Listing office Marcus & Millichap | Phoenix m***@marcusmillichap.com Show Phone

Listing date Nov 13, 2025

Source Moodyscre

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 Marcus & Millichap | Phoenix

Report an issue

---

Investment Insights

Based on property information with market context.

This retail property features a new 10-year corporate lease with no early termination clause. The lease includes 7% rental increases every 5 years in the base term and options. The property is located in one of the fastest-growing metro areas in Illinois, experiencing residential, commercial, and industrial growth. It is situated minutes from a $2+ billion Rivian Manufacturing Plant with over 8,000 employees and a $1.5 billion expansion under construction. The property has a size of 2265 square feet.

Key Highlights

• New 10‑Year Corporate Lease with No Early Termination Clause
• Minutes to $2+ Billion Rivian Manufacturing Plant with 8,000+ Employees, $1.5 Billion Expansion Under Construction
• 7% Rental Increases Every 5 Years in the Base Term and Options

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $799,000

  Brick Office Building with Finished Lower Level

  Well-maintained brick office building with reception, conference space, private offices, and a finished lower level plus elevator access.

  407 Detroit Avenue, Bloomington, IL 61704

  View Details
• 

  $374,000

  Live-Work Building with Office Rooms

  Commercially zoned building with a reception area and multiple rooms adaptable for office and business use.

  2306 Maysel Street, Bloomington, IL 61701

  View Details
• 

  $375,000

  All-Brick One-Story Office Building

  A one-story all-brick office with open daylighting, newer roof and flooring, and flexible interior configurations.

  806 Four Seasons Road, Bloomington, IL 61704

  View Details
• 

  $869,000

  Brick Office Flex Building

  All-brick commercial building with reception, private offices, ADA-compliant restrooms, and an attached warehouse with overhead doors.

  14 Currency Drive, Bloomington, IL 61704

  View Details
• 

  $1,500,000

  Office-Warehouse Distribution Facility

  Fully climate-controlled office and warehouse facility with six offices, three bathrooms, four overhead doors, and multiple truck delivery areas.

  2406 W Market Street, Bloomington, IL 61705

  View Details
• 

  $900,000

  4,120 SF

  Retail Space with Open Layout

  Versatile retail space with premier visibility and ample parking.

  1605 Morrissey Dr, Bloomington, IL

  View Details
• 

  $144,900

  Two-Unit Residential Income Property

  Fully leased duplex with one 2-bedroom unit and one 1-bedroom unit, plus central air and newer furnace.

  605 E Empire Street, Bloomington, IL 61701

  View Details
• 

  $129,000

  Two-Unit Corner Duplex

  A two-unit duplex with a fenced yard, attached garage, and in-unit laundry options for multiple living arrangements.

  902 N Lee Street, Bloomington, IL 61701

  View Details
• 

  $175,000

  Multifamily Income Property

  Multifamily property with occupied 1-bedroom units, full kitchens, and a large basement with laundry hook-ups.

  903 Low Street, Bloomington, IL 61701

  View Details
• 

  $999,500

  Specialty Commercial Property

  For-sale specialty commercial site zoned COMMR with an 0.9125-acre lot.

  212 Williamsburg Drive, Bloomington, IL 61704

  View Details
• 

  $8,500,000

  252,811 SF

  Expansive Bloomington Industrial Complex

  252,811 SF industrial complex suitable for warehouse/distribution.

  1100 East Bell Street, Bloomington, IL 61701

  View Details
• 

  $1,200,000

  13,580 SF

  Versatile Office Property with Storage

  Functional office building with training areas and secured outdoor storage.

  803 E LAFAYETTE ST, BLOOMINGTON, IL

  View Details

Similar Off Market Nearby

• Flowers by Brandi — 10501 E 1400 North Rd, Bloomington, IL 61705

FAQs

What type of property is this?

Storefront property - Retail property with a new 10-year corporate lease.

Where is this storefront property located?

The property is located at 1609 W Market St Bloomington, IL.

What is the asking price?

The asking price for this property is $2,399,000.

What are key features of this property?

This property features: New 10‑Year Corporate Lease with No Early Termination Clause; Minutes to $2+ Billion Rivian Manufacturing Plant with 8,000+ Employees, $1.5 Billion Expansion Under Construction; 7% Rental Increases Every 5 Years in the Base Term and Options