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Updated Flex Space with Warehouse
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306 Greenwood Ave, Bloomington, IL 61704

The property combines office and garage/warehouse areas with dedicated parking and access to highways 74 and 55.

Property SizeContact for details
Days on Market143

Property Features for 306 Greenwood Ave

General Information

Standard status Active
Property subtype Land, Mixed Use, Office
Listing Agency: Berkshire Hathaway HomeServices Central Illinois Realtors
Listed By: Sherye Przybyla · License #IL 475142677
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 4:10AM

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 Berkshire Hathaway HomeServices Central Illinois Realtors

Investment Insights

Based on property information with market context.

This flex property combines 1,152 square feet of office space with a 1,232-square-foot garage and warehouse area. The layout includes 2 offices, 2 baths, a main-office fireplace, and a 31 x 22 mezzanine. Three overhead doors, newer windows and siding, and a roof update support the building’s utility. A/C and heat were updated in 2020, and the well motor was replaced in 2017. Two shop doors are app-controlled, while remote-operated blinds add convenience within the office area.

The property is located at 306 Greenwood Ave in Bloomington, with access to Veterans Parkway and highways 74 and 55. Site improvements include 20 parking spaces, 3 indoor parking spaces, and a gravel parking lot with lighting installed in April 2024. The property includes a well and septic system and consists of two City parcels and one County parcel. The land and building may also be separated.

Key Highlights

  • 1,152 SF of office space plus 1,232 square feet of warehouse/garage area
  • 31 x 22 mezzanine, 2 offices, and 2 baths
  • 20 parking spaces and 3 indoor parking spaces

Property Analytics

Current Use

Community Motors Car Dealership 1-888-BUYAUTO Car Dealership bcs247 (Bike/Boat/Book/etc) Store Diyorabonu Car Dealership MPK Auto Group Car Dealership

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Law Firm Auto Repair Shop Big Box & Wholesale 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

108
Businesses Nearby
Under-served
Demand for This Use

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?
Flex space - The property combines office and garage/warehouse areas with dedicated parking and access to highways 74 and 55.
Where is this flex space located?
The property is located at 306 Greenwood Ave Bloomington, IL.
What are key features of this property?
This property features: 1,152 SF of office space plus 1,232 square feet of warehouse/garage area; 31 x 22 mezzanine, 2 offices, and 2 baths; 20 parking spaces and 3 indoor parking spaces
(309) 242-4443 Call to check price and availability
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