Historic Mixed-Use Building in
317-319 N main street bloom, Bloomington, IL 61701
Historic mixed-use building in Downtown Bloomington, Illinois, primed for redevelopment.
Type:Mixed Use, Multifamily, Office, Retail
Property size:
19,008 SFPrice / SF:
$24/SF- Added:
- Feb 2, 2026
- Days on Market:
- 103
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 317-319 N main street bloom
General Information
- Standard status
- Active
- Size
- 19,008 SF
- Property subtype
- Mixed Use, Multifamily, Office, Retail
Building Details
- Year Built
- 1901
Listing agent Meghan O'Neal-Rogozinski, CCIM License #Bloomington IL 475159841
Listing office Axis 360 Commercial Real Estate Specialists
Listing date Feb 2, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Axis 360 Commercial Real Estate Specialists
HighLights
- Prime Downtown Bloomington location with high redevelopment potential.
- Two separate first‑floor commercial suites with independent frontage.
- Upper floors primed for redevelopment (office/creative/loft‑style residential).
- Eligible for Downtown TIF District incentives supporting redevelopment.
- Historic building with character features like stamped tin ceilings.
- High‑capacity 1600 amp electrical service.
Overview
This historic mixed-use building is located in the heart of Downtown Bloomington, Illinois. The property features two separate first-floor commercial suites, each offering 2,376 sq.ft. of space with independent frontage. The upper floors have been opened into larger single-floor plates and are vacant, presenting an opportunity for redevelopment into office, creative, or loft-style residential spaces, subject to buyer verification of approvals. A rear egress supports a mixed-use strategy. The basement provides storage and houses mechanical systems. Interior features include stamped tin ceilings ready for restoration and a decommissioned elevator shaft that may offer vertical-circulation potential, pending buyer evaluation. Constructed in 1901 following a fire, the building was designed by Arthur Pillsbury. Past tenants included Payless Drugs (1940), Illinois Power (1935) which upgraded the power to 1600 amp electrical service, Post Amerikan, and Park-Stoutamoyer & Associates. The property is located blocks from the McLean County Museum of History on the Courthouse Square and within walking distance of the McLean County Courthouse and Square and the Bloomington Central Business District, both National Register anchors. The City established the Downtown TIF District (July 22, 2024) to support redevelopment and advance the Downtown for Everyone streetscape initiative, which is currently underway. The property size is 19,008 sq.ft.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- McLean
- State
- Illinois
- Longitude
- -88.9933725
- Latitude
- 40.4810894
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Historic mixed-use building in Downtown Bloomington, Illinois, primed for redevelopment.
Where is this mixed-use property located?
The property is located at 317-319 N main street bloom Bloomington, IL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Prime Downtown Bloomington location with high redevelopment potential.; Two separate first‑floor commercial suites with independent frontage.; Upper floors primed for redevelopment (office/creative/loft‑style residential).
