803 E LAFAYETTE ST Bloomington, IL 61701
Functional office building with training areas and secured outdoor storage.
- Added:
- May 14, 2026
- Days on Market:
- 59
- Last Refresh:
- Jul 4 at 12:25 pm
Property Features for 803 E LAFAYETTE ST
General Information
- Standard status
- Active
- Size
- 13,580 SF
- Lot size
- 1.80 Acres
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1972
Listing office Axis 360 Commercial Real Estate Specialists (309) 664-3617
Listing date May 14, 2026
Source Crexi
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 Axis 360 Commercial Real Estate Specialists
Investment Insights
Based on property information with market context.
Key Highlights
- Spacious 1.8‑acre fenced lot with secured outdoor storage.
- Versatile property suitable for owner occupancy, multi‑tenant income, or departmental separation.
- Executive office space, conference room, and cubicle workstations on the first floor.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $141.8k | $10.44 |
| − Vacancy | −$7.8k | −$0.57 |
| EGI | $134.0k | $9.87 |
| − OpEx | −$40.2k | −$2.96 |
| NOI | $93.8k | $6.91 |