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Historic Building with Second-Floor Lease
For Lease
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217 West Jefferson Street, Bloomington, IL 61701

Second-floor space is available in a historic corner building completed in 1903.

Space Size5,000 SF
Property Size20,240 SF
Days on Market134

Property Features for 217 West Jefferson Street

General Information

Standard status Active
Size 5,000 SF
Class B
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 20,240 SF
Year Built 1900
Stories 4
Tenancy Multiple

Spaces For Lease

at 217 West Jefferson Street Contact us

2nd Floor

Size
5,000 SF
Availability
Active
Contact us
Listing Agency: Axis 360 Commercial Real Estate Specialists
Listed By: Michael O'Neal · License #Bloomington IL 475128028
Source: Crexi
Added: Apr 28 Changed: Sep 7 Last Checked: Sep 6 at 10:25PM

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 Axis 360 Commercial Real Estate Specialists

Investment Insights

Based on property information with market context.

Located at the corner of Madison and Jefferson streets, this historic property has been a local landmark since its completion in 1903. Originally home to the Pantagraph Printing and Stationery Company (incorporated in 1889), the building has been in continuous operation for more than a century and is now available for a new chapter.

The property offers availability for lease or purchase, with the second floor the portion currently available for lease. The first floor is leased to 8 Bit Arcade, a bar featuring free-play retro arcade games, pinball, and skiball, along with more than 250 craft beers, ciders, and seltzers for purchase.

On the upper floors, the third and fourth floors are leased to The Hockey Foundry and The Lab Shooting Facility, respectively. The Hockey Foundry is described as created for hockey players to develop skills year-round.

Key Highlights

  • Historic corner building completed in 1903 at Madison and Jefferson streets
  • Available for lease or purchase; second‑floor space is available for lease
  • First floor leased to 8 Bit Arcade, featuring free‑play retro arcade games and pinball

Property Analytics

Current Use

Pantagraph Printing Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Dental Office Locksmith (Bike/Boat/Book/etc) Store Wine and Liquor Store Pet Store

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
$1.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,631
Businesses Nearby

Demographics for 61701, IL

34,497
Population
18,038
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
11.0 sq mi
ZIP Area
3,136
Density / Sq Mi
$55,882
Median Household Income
$37,674
Median Earnings
$873
Median Rent
$138,600
Median Home Value

Market

Lease Benchmarks for Bloomington, IL

$19.95 /SF/Yr
Avg Asking Price
$13.5–$42 /SF/Yr
Price Range
7,773 SF
Avg Space Size

This space is priced 64% below the average of $19.95 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor space is available in a historic corner building completed in 1903.
Where is this office units located?
The property is located at 217 West Jefferson Street Bloomington, IL.
What is the lease rate?
The lease rate is $7.20 SF/Yr.
What are key features of this property?
This property features: Historic corner building completed in 1903 at Madison and Jefferson streets; Available for lease or purchase; second‑floor space is available for lease; First floor leased to 8 Bit Arcade, featuring free‑play retro arcade games and pinball
(309) 664-3617 Call to check price and availability
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