2302 Oakland Ave Bloomington, IL 61701

Property Details for 2302 Oakland Ave

Year built

1950

Property type

Office Properties & Spaces

Property subtype

Office space

Description

This single-story, 1950-built Medical Arts Building, located at 2302 E. Oakland Avenue in Bloomington, IL (61701), offers a unique opportunity. The 38-space parking lot serves a building with multiple tenants, and two office suites are currently available. Situated in a high-traffic area near State Farm's corporate offices, this Creative Office space benefits from proximity to numerous retail establishments including Jewel, Kroger, Dunkin' Donuts, and Subway. The B2 zoning allows for a variety of uses. The property's McLean County location (APN 21-02-359-006) places it within a thriving economic environment. Bloomington-Normal boasts a diverse economy anchored by major employers such as State Farm, Country Financial, Illinois State University, Rivian Automotive, and OSF Healthcare. The area's strong agricultural sector and excellent transportation infrastructure (including rail and air access) further enhance its appeal. The presence of three major universities (Illinois State University, Heartland Community College, and Illinois Wesleyan University) contributes to a vibrant and growing community. Bloomington's recognition as a desirable place to live, highlighted by its high rankings in various "best of" lists, underscores the property's investment potential. Affordable, below-market rents are available, with utilities included in one unit. This presents an excellent opportunity for businesses seeking a well-located, functional office space in a dynamic and growing market.

Location Insight

City

Bloomington

County

McLean

State

Illinois

Longitude

-88.9593

Latitude

40.4741