Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    105 Center St Bloomington, IL 61701

    Sponsored
    For Sale
    $499,999

    Prime Location, 6,963 SF, Vacant

    Property size:
    6,963 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story, 6,963-square-foot executive office building is located in the heart of downtown Bloomington, Illinois, at 109 N Center St, zip code 61701. The property, situated on a 2,475-square-foot lot (APN 21-04-338-007), is currently vacant and offers significant potential for a variety of uses. Previously used as a law office, the building boasts numerous features including private offices, conference rooms, ample storage space, secure vaults, multiple restrooms, and a library. Each room offers unique character with hardwood floors, built-in bookcases, and bay windows. The full basement provides additional space, including restrooms and a kitchenette. The building's unique features also include old safes, which could be repurposed for secure file storage. The property is zoned B-3 and is located within Bloomington's Enterprise Zone, offering potential economic development incentives. This prime location in downtown Bloomington places the building within easy reach of over 100 shops, restaurants, and services. Bloomington's strong economy, driven by major employers such as State Farm Insurance and Country Financial, and its proximity to Illinois State University and Heartland Community College, makes this a highly desirable investment opportunity. The building's size and versatile layout offer a unique chance to establish a thriving business in a vibrant and growing community. The asking price for this property is $499,999.

    Property Features for 105 Center St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,963 SF
    Class
    B

    HighLights

    • Three‑story, 6,963 sq ft executive office building in downtown Bloomington, IL (109 N Center St, 61701).
    • Located on a 2,475 sq ft lot (APN 21‑04‑338‑007), currently vacant.
    • Features private offices, conference rooms, ample storage, secure vaults, multiple restrooms, and a library; hardwood floors, built‑in bookcases, and bay windows.
    • Full basement with restrooms and kitchenette; includes old safes.
    • B‑3 zoning, located in Bloomington's Enterprise Zone; $499,999 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Weintraub Alan I Attorney Thomson & Weintraub, LLCAttorneys ... Family Law Attorney TNW Law Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    McLean
    State
    Illinois
    Longitude
    -88.99456723
    Latitude
    40.47903359

    Nearby Similar for Sale

    • $399,000
      0.19 Acres

      Updated Commercial Building in Bloomington

      Extensively updated mixed-use property suitable for residence and business.
      2306 Maysel St, Bloomington, IL 61701
      View Details
    • $230,000
      0.17 Acres

      Updated Duplex Near Downtown

      Turnkey, fully furnished duplex with immediate income potential.
      308 Low St, Bloomington, IL 61701
      View Details
    • $195,000
      0.22 Acres

      Updated Bloomington Investment Property

      Recently updated two-unit residential income property in Bloomington, Illinois.
      610 E Mulberry St, Bloomington, IL 61701
      View Details
    • $299,000
      Pending

      Bloomington Income Property Near Universities

      Well-maintained 4-unit property near ISU and IWU.
      905 Elder St, Bloomington, IL 61701
      View Details
    • $379,900
      0.56 Acres

      Retail Units at Busy Intersection

      Three income-producing retail units at a busy Bloomington intersection.
      1511 Morrissey Dr, Bloomington, IL 61701
      View Details
    • $174,900
      0.18 Acres

      Bloomington Two-Unit Income Property

      Refreshed two-unit property with immediate income potential in Bloomington.
      506 E Chestnut St, Bloomington, IL 61701
      View Details
    • $1,600,000
      0.46 Acres

      Renovated Office Building with Furnishings

      Renovated office building with high visibility and newer furnishings.
      2405 E Washington St, Bloomington, IL 61704
      View Details
    • $169,000
      Pending

      Bloomington Duplex with Update History

      Duplex near amenities with solid update history and investment potential.
      1218 Orchard Rd, Bloomington, IL 61704
      View Details
    • $169,900

      Bloomington Duplex: Investment Opportunity

      Fully rented duplex with original wood floors and recent updates.
      409 E Douglas St, Bloomington, IL 61701
      View Details
    • $119,900
      Pending

      Bloomington Two-Unit Income Property

      Well-maintained two-unit property with reliable tenants and recent upgrades.
      901 S Lee St, Bloomington, IL 61701
      View Details
    • $350,000
      0.16 Acres

      Well-Maintained 6-Unit Property

      Six-unit property near downtown Bloomington with recent updates.
      410 E Grove St, Bloomington, IL 61701
      View Details
    • $950,000
      0.46 Acres

      Bloomington Commercial Property with Parking

      Commercial building in downtown Bloomington with 50 parking spaces.
      615 N Main St, Bloomington, IL 61701
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, 6,963 SF, Vacant
    Where is this office property / space located?
    The property is located at 105 Center St Bloomington, IL.
    What is the asking price?
    The asking price for this property is $499,999.
    What are key features of this property?
    This property features: Three-story, 6,963 sq ft executive office building in downtown Bloomington, IL (109 N Center St, 61701).; Located on a 2,475 sq ft lot (APN 21-04-338-007), currently vacant.; Features private offices, conference rooms, ample storage, secure vaults, multiple restrooms, and a library; hardwood floors, built-in bookcases, and bay windows.
    Request Owner's contact information
    105 Center St Bloomington, IL 61701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    105 Center St
    Bloomington, IL 61701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    105 Center St Bloomington, IL 61701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.