105 Center St Bloomington, IL 61701
This exceptional three-story, 6,963-square-foot executive office building is located in the heart of downtown Bloomington, Illinois, at 109 N Center St, zip code 61701. The property, situated on a 2,475-square-foot lot (APN 21-04-338-007), is currently vacant and offers significant potential for a variety of uses. Previously used as a law office, the building boasts numerous features including private offices, conference rooms, ample storage space, secure vaults, multiple restrooms, and a library. Each room offers unique character with hardwood floors, built-in bookcases, and bay windows. The full basement provides additional space, including restrooms and a kitchenette. The building's unique features also include old safes, which could be repurposed for secure file storage. The property is zoned B-3 and is located within Bloomington's Enterprise Zone, offering potential economic development incentives. This prime location in downtown Bloomington places the building within easy reach of over 100 shops, restaurants, and services. Bloomington's strong economy, driven by major employers such as State Farm Insurance and Country Financial, and its proximity to Illinois State University and Heartland Community College, makes this a highly desirable investment opportunity. The building's size and versatile layout offer a unique chance to establish a thriving business in a vibrant and growing community. The asking price for this property is $499,999.
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Weintraub Alan I Law Firm
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Thomson & Weintraub, LLCAttorneys At Law Law Firm Child Welfare Organization
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TNW Law Law Firm
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
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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.