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Versatile Office Space Available
For Lease
$13 SF/Yr

1615 Commerce Parkway, Bloomington, IL 61704

Adaptable office space with natural light in Bloomington, Illinois.

Space Size10,363 SF
Property Size18,250 SF
Days on Market164

Property Features for 1615 Commerce Parkway

General Information

Standard status Active
Size 10,363 SF
Class A
Property subtype Office
Lease Term MG

Building Details

Building Size 18,250 SF
Year Built 1993

Spaces For Lease

at 1615 Commerce Parkway Contact us

1615 Commerce Parkway $13/SF/Yr

Size
10,363 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: SVN | Core 3
Listed By: Jill Spratt · License #IL475166842
Source: Svn
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 17 at 4:02AM

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 property, located on Commerce Parkway in Bloomington, Illinois, offers over 18,000 square feet of space configured for office use. Suite A, comprising 10,363 square feet, is currently available for lease. The layout includes numerous private offices and flexible areas, providing opportunities to divide or customize the space. Many large windows allow natural light to flow throughout the building. The property is well-maintained, and all three HVAC units have been recently replaced. An inviting shared entryway provides access to the two separate office suites. The property is located on the south side of Bloomington, Illinois, just off South Veterans Parkway, between Veterans Parkway and Hamilton Road.

Key Highlights

  • Over 18,000 sq ft of total space, with 10,363 sq ft (Suite A) available for lease.
  • Flexible layout suitable for customization and division.
  • Numerous private offices and adaptable areas for various business needs.

Property Analytics

Current Use

University of Illinois Extension University McLean County HCE Association / Organization

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

484
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Adaptable office space with natural light in Bloomington, Illinois.
Where is this office building located?
The property is located at 1615 Commerce Parkway Bloomington, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Over 18,000 sq ft of total space, with 10,363 sq ft (Suite A) available for lease.; Flexible layout suitable for customization and division.; Numerous private offices and adaptable areas for various business needs.
More about this property
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