Mixed-Use Building with
For Lease
Contact for pricing
507 N Center St, Bloomington, IL 61701
Multi-tenant property combines ground-floor retail with apartments above in a compact downtown configuration.
Space Size1,350 SF
Days on Market118
Property Features for 507 N Center St
General Information
Standard status
Active
Size
1,350 SF
Property subtype
Retail
Lease Type
Modified Gross
Additional Details
Space Use
Retail
Building Details
Year Built
1960
Tenancy
Multiple
Spaces For Lease
at 507 N Center St Contact us- Size
- 1,350 SF
- Type
- Retail
- Rate
- Contact for pricing
- Lease Type
- Modified Gross
- Availability
- Active
Unit C
Listing Agency:
Hermes Property Management
Listed By:
Andrew Pekarek · License #IL
Source:
Crexi
Added: May 5
Changed: Aug 30
Last Checked: Aug 30 at 1:09PM
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 Hermes Property Management
Investment Insights
Based on property information with market context.
This mixed-use property features retail space at the ground-floor level with apartments positioned above. The multi-tenant layout accommodates both commercial and residential occupancy within the same building, providing a straightforward combination of storefront and apartment uses. Constructed in 1960, the property is located at 507 N Center St in Bloomington, Illinois.
Key Highlights
- Retail space with apartments above
- Multi‑tenant mixed‑use configuration
- Constructed in 1960
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.37 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,611
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-tenant property combines ground-floor retail with apartments above in a compact downtown configuration.
Where is this mixed-use property located?
The property is located at 507 N Center St Bloomington, IL.
What is the lease rate?
The lease rate is $9.11 SF/Yr.
What are key features of this property?
This property features: Retail space with apartments above; Multi‑tenant mixed‑use configuration; Constructed in 1960
