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    902 Eldorado Rd Bloomington, IL 61704

    Sponsored
    For Sale
    $820,000

    5,489 SF Flex Space, Excellent Visibility

    Property size:
    5,489 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 5,489-square-foot flex space in Bloomington, Illinois, is ideally situated for owner-occupancy or investment. Located at 902 S Eldorado, this property boasts prime visibility on Veterans Parkway. The building, which comprises a single unit within a single building, features a blend of office and warehouse space. Approximately 60% of the space is finished to a high standard, including private offices, a conference room, and a library. The remaining 40% is warehouse space, accessible via a 10-foot overhead door. The property is zoned B-1 and includes ample parking with 20 spaces on-site. The asking price is $820,000. The property is currently available for lease at $14.00 NNN, and will be available for purchase in Spring 2025. The McLean County property (APN 21-11-180-001) offers a unique opportunity to acquire a versatile commercial space in a desirable location. The building's layout is well-suited for a variety of businesses. This is a single-tenant property with an occupancy date of April 15, 2025.

    Property Features for 902 Eldorado Rd

    General Information

    Property type
    Flex space
    Square Feet
    5,489 SF

    Building Details

    Buildings
    1
    Units
    1

    HighLights

    • $820,000 asking price for this owner‑user flex space.
    • 5,489 square feet of combined office and warehouse space in a single building.
    • Located at 902 S Eldorado, Bloomington, IL 61704, with excellent Veterans Parkway visibility.
    • Features 10' overhead door, private offices, conference room, and library; approximately 60% finished office space.
    • 20 parking spaces on‑site.
    • B‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Carpet Weavers Commercial Carpet Store FloorX ProFloorCare Carpet Cleaning Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    McLean
    State
    Illinois
    Longitude
    -88.9533189
    Latitude
    40.467558

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    FAQs

    What type of property is this?
    Flex space - 5,489 SF Flex Space, Excellent Visibility
    Where is this flex space located?
    The property is located at 902 Eldorado Rd Bloomington, IL.
    What is the asking price?
    The asking price for this property is $820,000.
    What are key features of this property?
    This property features: $820,000 asking price for this owner-user flex space.; 5,489 square feet of combined office and warehouse space in a single building.; Located at 902 S Eldorado, Bloomington, IL 61704, with excellent Veterans Parkway visibility.
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    Bloomington, IL 61704
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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
    902 Eldorado Rd Bloomington, IL 61704
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