Medical Arts Office
For Lease
Contact for pricing
2302 E Oakland Avnue, Bloomington, IL 61701
Office suites available in a well-located building near amenities.
Space Size1,640 SF
Days on Market1941
Property Features for 2302 E Oakland Avnue
General Information
Standard status
Active
Size
1,640 SF
Total Parking Spaces
38
Property subtype
Office
Lease Type
Full Service
Building Details
Year Built
1950
Tenancy
Multiple
Spaces For Lease
at 2302 E Oakland Avnue Contact us- Size
- 1,640 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Suite 4
Listing Agency:
Axis 360 Commercial Real Estate Specialists
(309) 664-3617
Listed By:
Meghan O'Neal-Rogozinski, CCIM · License #Bloomington IL 475159841
Source:
Crexi
Added: Apr 28, 2021
Changed: Aug 20
Last Checked: Aug 19 at 5:42AM
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.
The Medical Arts Office Building is situated on Oakland Avenue, near State Farm Corporate offices. The property is surrounded by retail establishments and small businesses, including Jewel and Kroger grocery stores, Dunkin Donuts, Subway, and Grand Café. The building has multiple tenants and available office suites suitable for new or expanding offices. The location offers affordable rents, with utilities included in one of the units. Bloomington-Normal has a diversified economy, with major employers such as State Farm Insurance, Country Financial, Illinois State University, Rivian Automotive, and OSF Healthcare. The area is serviced by four major railroad lines and Amtrak, with air transportation available at the Central Illinois Regional Airport. Normal is home to Illinois State University and Heartland Community College, while Illinois Wesleyan University is located in Bloomington. Bloomington-Normal has received national recognition, including rankings in "Best Places to Live in the US", "Most Livable College Towns in America", and "Most Livable Small Cities in the U.S."
Key Highlights
- Prime location on Oakland Avenue near State Farm Corporate offices, surrounded by retail and other businesses.
- Two available office suites suitable for new or expanding businesses.
- Affordable, below‑market rents.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.54 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,085
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
Lease Benchmarks for Bloomington, IL
$18.11 /SF/Yr
Avg Asking Price
$13.5–$25 /SF/Yr
Price Range
8,227 SF
Avg Space Size
This space is priced 43% below the average of $18.11 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office suites available in a well-located building near amenities.
Where is this office units located?
The property is located at 2302 E Oakland Avnue Bloomington, IL.
What is the lease rate?
The lease rate is $10.25 SF/Yr.
What are key features of this property?
This property features: Prime location on Oakland Avenue near State Farm Corporate offices, surrounded by retail and other businesses.; Two available office suites suitable for new or expanding businesses.; Affordable, below‑market rents.
