807 S Main Street, Bloomington, IL 61701
Corner property with great exposure in Bloomington, Illinois.
- Added:
- Nov 21, 2025
- Days on Market:
- 224
- Last Refresh:
- May 9 at 12:13 am
Property Features for 807 S Main Street
General Information
- Standard status
- Active
- Size
- 1,946 SF
- Property subtype
- Retail
Listing office SVN | Core 3 (331) 452-6860
Listing date Nov 21, 2025
Source Svn
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 SVN | Core 3
HighLights
- Corner lot location on Main Street.
- High exposure to northbound and southbound traffic.
- Zoned B‑1, offering various business opportunities.
- Located near downtown Bloomington.
- Proximity to Illinois State University (ISU) and Illinois Wesleyan University.
- Includes two buildings: a 1946 SF building and a smaller building (former car wash).
Overview
Local Financial Insights For Specialty Retail
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 | $35.0k | $18.00 |
| − Vacancy | −$3.0k | −$1.57 |
| EGI | $32.0k | $16.43 |
| − OpEx | −$8.0k | −$4.11 |
| NOI | $24.0k | $12.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- McLean
- State
- Illinois
- Longitude
- -88.9938
- Latitude
- 40.4717
