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1011-1015 Lafayette St Bloomington, IL 61701

  • Industrial properties
  • 21,762 SF
  • 3.60 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Industrial properties

Property Details for 1011-1015 Lafayette St

Year built
1970
Lot size
3.60 lot acres
Property size
21,762 SF
Property type
Industrial properties
Property subtype
Flex space

Description

This exceptional Bloomington, Illinois industrial property presents a unique investment opportunity. Comprising two buildings totaling 21,762 square feet on a 3.6-acre lot, this Class B flex space is zoned M-1 (Restricted Manufacturing). The main building boasts 15,067 square feet of warehouse space and 4,535 square feet of office area. A secondary pole building adds another 2,160 square feet. The property features four 10-foot dock high doors and two loading docks, ensuring efficient material handling. Significant recent improvements include a new $400,000 roof installed in 2023. The property benefits from 3-phase electric service, a fully sprinklered system, energy-efficient LED lighting, and seven rooftop HVAC units providing climate control throughout. The space is heated and cooled, and ample parking is available. The property's previous use as a commercial laundry for medical linens is reflected in existing laundry equipment, which is available for purchase or removal. A filtered drain system is also in place. The property's address is 1011-1015 E. Lafayette St, Bloomington, IL 61701, with McLean County APN 21-10-351-049. This versatile property is ideal for a variety of industrial and flex uses.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Bloomington
County
McLean
State
Illinois
Longitude
-88.9786
Latitude
40.4628
More about this property
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