Bloomington-Normal Land
For Sale
Contact for pricing
Veterans Parkway & Mercer Avenue, Bloomington, IL 61701
Land available in a strong economic and college community.
Property SizeContact for details
Days on Market3406
Property Features for Veterans Parkway & Mercer Avenue
General Information
Standard status
Active
Property subtype
Land
Zoning
B-1
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: May 4, 2017
Changed: Aug 26
Last Checked: Aug 29 at 10:48PM
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.
Bloomington-Normal presents a desirable market with a diversified economy. Bloomington, the county seat of McLean County, IL, is home to the world headquarters of State Farm Insurance, employing 14,500 individuals, and Country Financial, with 2,025 employees. Other major employers contributing to industry diversification include Illinois State University with 3,940 employees, Rivian Automotive with 7,500 employees, and OSF Healthcare with 1,286 employees. Additional notable employers are Nussbaum Transportation, Beer Nuts Brand Snacks, and Brandt Industries, drawn to McLean County's highly productive agricultural sector. The twin cities benefit from service by four major railroad lines and Amtrak, along with air transportation via the Central Illinois Regional Airport, catering to commuter, corporate, and private aircraft. Normal is home to Illinois State University with 20,784 students and Heartland Community College with 5,280 students. Bloomington also hosts Illinois Wesleyan University, enrolling 1,649 students. These higher education institutions have experienced growth, expanding engineering programs, business incubators, and healthcare programs. Bloomington Ranks #64 in Best Places to Live in the US in 2022. Bloomington-Normal is ranked in the top 10 among “Most Livable College Towns in America” Strategistico, 2022. Bloomington-Normal is ranked in the top 20 among “Most Livable Small Cities in the U.S.” Bloomington-Normal is ranked #3 in Illinois among “Start-Up City Rankings” Bloomington-Normal is ranked #1 among the "Happiest City in America".
Key Highlights
- Strong, diversified local economy driven by major employers.
- Home to multiple higher education institutions, contributing to a vibrant college community.
- Nationally recognized as a desirable place to live, including rankings as a top livable college town and small city.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,523
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Land available in a strong economic and college community.
Where is this land located?
The property is located at Veterans Parkway & Mercer Avenue Bloomington, IL.
What are key features of this property?
This property features: Strong, diversified local economy driven by major employers.; Home to multiple higher education institutions, contributing to a vibrant college community.; Nationally recognized as a desirable place to live, including rankings as a top livable college town and small city.
