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    808 Eldorado Rd Bloomington, IL 61704

    For Lease
    $13 SF/Yr ($14,855 /Mo)

    13,713 SF Office, 18 Suites, Ample Parking

    Lot size:
    13,713 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional two-story, 13,713-square-foot office building, located at 808 S. Eldorado Road in Bloomington, Illinois, presents a compelling investment opportunity. Built in 1974, this Class B property sits on a 1.66-acre lot and is zoned B-1. The building features 18 individual suites, offering flexibility for businesses of various sizes. Currently, there are two vacancies totaling 1,500 square feet, including a smaller private office and a larger 1,500 square foot unit. The property boasts a prime location near Veterans Parkway, providing convenient access to a variety of retail and dining options. Ample parking is available for tenants and visitors. The property's multiple tenancy structure provides a diversified income stream. The building's address is 808 S. Eldorado Road, Bloomington, IL 61704 (APN: 21-11-257-005). This is a traditional office building in McLean County, offering a strong foundation for business growth and stability. The property's location and existing tenant base make it an attractive option for businesses seeking to establish or expand their presence in the Bloomington area. The available space presents a unique opportunity for businesses seeking a well-located, functional office space.

    Property Features for 808 Eldorado Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,713 SF
    Class
    B
    Total Rate
    14855.75

    Building Details

    Year Built
    1974
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 103
    Size
    1,500 SF
    Rate per SF
    $13
    Space
    Suite 105 E
    Size
    107 SF
    Rate per SF
    $33

    HighLights

    • First‑floor suites available for lease.
    • Ample shared parking.
    • Utilities included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Randstad Temp Agency LifeStance Therapists & Psychiatrists ... Mental Health Clinic Central Illinois Hearing ... Medical Clinic Neuro Ortho Rehab ... Physical Therapy Clinic Child & Family Wellness ... Psychologist

    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
    -88.953176633117
    Latitude
    40.46933717491

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    FAQs

    What type of property is this?
    Office Property / Space - 13,713 SF Office, 18 Suites, Ample Parking
    Where is this office property / space located?
    The property is located at 808 Eldorado Rd Bloomington, IL.
    What is the lease rate?
    The lease rate is $13-$33 SF/Yr.
    What are key features of this property?
    This property features: First-floor suites available for lease.; Ample shared parking.; Utilities included.
    Request Owner's contact information
    808 Eldorado Rd Bloomington, IL 61704
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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
    808 Eldorado Rd Bloomington, IL 61704
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