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Live-Work Building with Reception Area
For Sale
$359,000

2306 Maysel Street, Bloomington, IL 61701

COMMERCIAL - Bloomington, IL

Property SizeContact for details
Lot Size0.19 Acres
Days on Market62

Property Features for 2306 Maysel Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Fireplace 1
Directions Take Veterans Parkway to Oakland Avenue, turning west at the light. After 1 block, turn South on Four Seasons Rd. Take first right (behind gas station) for Maysel St. entrance.
Subdivision Bloomington
Standard status Active
APN 2111126006
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6233

Utilities

Utilities Water Available
Cooling system Central Air, Zoned, Exhaust Fan (Cooling)

Building Details

Year built 1955
Floors in Building 3
Number of units 1
Flooring type Carpet, Vinyl, Tile, Wood
Building materials Brick, Concrete, Wood, Vinyl Siding
Roof type Composition
Listing Agency: Century 21 Quest
Listed By: Valerie Crutchfield · License #475185128
Added: Jun 11 Changed: Aug 4 Last Checked: Aug 11 at 11:06AM
MLS# 12674746

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This live-work building is currently used as both a residence and a business. The interior includes a reception area and several rooms that could be configured for a range of business or organizational uses. The home features a fireplace and the building’s finishes include vinyl, wood, carpet, and tile. Cooling is provided by central air with zoned cooling and an exhaust fan, and the roof is listed as composition. Constructed with brick, concrete, wood, and vinyl siding, the property was built in 1955.

The property is commercially zoned (COMMR). Parking is described as available on the Oakland side only, with additional parking on Maysel St and a ramp connecting the two sides. Water is listed as available.

The layout supports flexible use for an operator looking to work on site while also maintaining a residential setup, with adaptable rooms beyond the reception area.

Key Highlights

  • 0.1869‑acre live‑work building currently used as residence and business
  • Reception area plus several rooms that can be configured for business or organizational use
  • Zoned COMMR

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Building Supply Auto Parts Store Parking Lot & Garage HVAC Service Storage Facility Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

1,236
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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Commercially zoned live-work building with a reception area, multiple adaptable rooms, central air, and on-site parking access.
Where is this live-work space located?
The property is located at 2306 Maysel Street Bloomington, IL.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: 0.1869‑acre live‑work building currently used as residence and business; Reception area plus several rooms that can be configured for business or organizational use; Zoned COMMR
More about this property
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