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    1316 Empire St Bloomington, IL 61701

    Sponsored
    For Lease
    $10 SF/Yr ($10,022 /Mo)

    Prime East Bloomington location. Creative/Traditional office space available.

    Lot size:
    12,027 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,600 square foot office space is located at 1316 E Empire St, Bloomington, IL 61701, offering high visibility along Route 9. Part of a larger 12,027 square foot building, this single-tenant space is situated on the main floor of a two-story Class C building. Previously used as a school, the space has been thoughtfully divided into two units, with the East suite featuring several large open areas ideal for collaborative work and a few private rooms for focused tasks. The layout provides flexibility for a variety of business needs, allowing tenants to customize the space to perfectly match their requirements. This property boasts excellent accessibility and benefits from over 105,000 vehicle impressions per week, ensuring significant exposure for your business. The building does not have elevators. This is a fantastic opportunity to establish a presence in a high-traffic area with a unique and adaptable workspace. The space is ready for immediate occupancy.

    Property Features for 1316 Empire St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,027 SF
    Class
    C
    Total Rate
    10022.5

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Size
    2,600 SF
    Rate per SF
    $10

    HighLights

    • 2,600 SF office space at 1316 E Empire St, Bloomington, IL.
    • High‑visibility location on Route 9, offering over 105,000 vehicle impressions per week.
    • Main floor, single‑tenant space in a two‑story Class C building (12,027 SF total).
    • Adaptable layout with large open areas and private offices.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    L•U•S•H on Empire Beauty Salon Escapetown Bloomington - Escape ... Escape Room Center McLean County Dance ... Dance School Delta Community Co Atm DNDC Telephone Answering Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Mclean
    State
    Illinois
    Longitude
    -88.964443838938
    Latitude
    40.488542915521

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    FAQs

    What type of property is this?
    Office space - Prime East Bloomington location. Creative/Traditional office space available.
    Where is this office space located?
    The property is located at 1316 Empire St Bloomington, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 2,600 SF office space at 1316 E Empire St, Bloomington, IL.; High-visibility location on Route 9, offering over 105,000 vehicle impressions per week.; Main floor, single-tenant space in a two-story Class C building (12,027 SF total).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1316 Empire St Bloomington, IL 61701
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