2303 Washington St Bloomington, IL 61704
This exceptional 12,540 square foot retail property, located at 2303 E Washington St, Bloomington, IL 61704, presents a compelling investment opportunity. The single-story, Class B building, constructed in 1973, features nine suites and boasts 75 total parking spaces. Currently, 740 square feet are available for lease. Situated on a 1.41-acre lot, the property benefits from a high-traffic location at the intersection of Veterans Parkway and Washington Street, with Veterans Parkway experiencing 38,500 vehicles per day. Its strategic position directly across from State Farm Corporate and OSF St. Joseph Medical Center, and minutes from County Companies, ensures high visibility and accessibility. The center is anchored by Jimmy John's and includes other established tenants such as Bidi Smoker Cigar & Vape, Tony's Taco, Dops Jerk Chicken House, Kevin Nails, and The Pass Pub and Grill. The property is zoned B-1 and has an APN of 21-02-403-014. Ameren provides power. Property taxes are $2.55 per square foot. This is a rare opportunity to acquire a well-located, established retail center in a thriving Illinois market.
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Schroff Co Inc Real Estate Agency
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Pueblo Grande Restaurant
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Western Union Bank Credit Union
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Tony's Tacos Bloomington Restaurant
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BIDI SMOKE (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.