Property profile

306 Main St Bloomington, IL 61701

OFF-MARKET
Office Spaces
Built 1890
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Property summary

AI-generated overview

This stunning, six-story, 1890 building, completely renovated in 2011, offers 3,500 square feet of prime commercial office space on the 3rd and 4th floors. Located at 306 N. Main Street in the heart of downtown Bloomington, Illinois, this historic landmark sits on the iconic Route 66 and across from the McLean County Courthouse/Museum of History. The building boasts a variety of office configurations, including cubicles and private offices, along with convenient kitchenettes and separate men's and women's restrooms on each floor. Each floor offers abundant natural light from expansive windows, providing excellent views of the city. The space is currently divided into 3,500-square-foot units, but can be reconfigured to meet specific tenant needs. Utilities are included in the lease, excluding electricity. The lease rate may be subject to adjustment based on any necessary build-out work. Parking options are available and negotiable. This is a rare opportunity to lease exceptional office space in a beautifully restored historic building. The building features 8-foot ceilings and one elevator. The zoning is commercial.

Property profile

Verified
Property type Office Spaces
Year built 1890

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church Mosque

Location

306 Main St Bloomington, IL 61701
Bloomington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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