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Commercially Zoned Live-Work Space
For Sale
$359,000

2306 Maysel Street, Bloomington, IL 61701

Flexible commercial building combining residential use with reception space and multiple rooms for business operations.

Property Size4,093 SF
Days on Market8

Property Features for 2306 Maysel Street

General Information

Standard status Active
Size 4,093 SF
Property subtype Commercial
Zoning COMMR

Taxes and HOA fees

Annual Taxes $6,232

Building Details

Building Size 4,093 SF
Year Built 1955
Stories 3
Units 1
Listing Agency: Century 21 Quest
Listed By: Valerie Crutchfield · License #475185128
Source: Allinonerealestateco
Added: Aug 23 Changed: Aug 29 Last Checked: Aug 29 at 2:50PM

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 Century 21 Quest

Investment Insights

Based on property information with market context.

This 1955 live-work property combines residential functionality with a commercial setting. The building includes a reception area and several additional rooms that can support different business or organizational configurations. Commercial zoning is designated COMMR, and completed maintenance repairs support immediate occupancy.

Parking is available on the Oakland side, with the property positioned 1.5 blocks from Veterans in a high-traffic area. Additional parking is provided on Maysel Street, with a ramp connecting the two parking areas. The layout supports users seeking a combined home and workplace in one building.

Key Highlights

  • Live‑work building with both residential and business use
  • Commercial zoning designated COMMR
  • Reception area plus several adaptable rooms

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
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Frequently Asked Questions

What type of property is this?
Live-work space - Flexible commercial building combining residential use with reception space and multiple rooms for business operations.
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: Live‑work building with both residential and business use; Commercial zoning designated COMMR; Reception area plus several adaptable rooms
More about this property
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