The property at 1401 Commerce Parkway in Bloomington, Illinois is a warehouse space totaling 5,150 square feet designed for storage and distribution use. The warehouse is served by two dock doors, includes heavy-duty racking, and is equipped with energy-efficient LED lighting. The space is fully heated and cooled for year-round operation, and provides shared access to men’s and women’s restrooms. Parking lot amenities include EV charging, with Tesla and Universal chargers identified on-site. An…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$23k

Tax billed · 2023

Assessed value$277k

Assessed land$72k

Assessed improvement$206k

Effective rate8.47%

Value estimate

· Nov 2026

$1.47M

$1.32M – $1.62M

AI approach$1.50M

CAP approach$1.56M

Submarket $/SF estimate$1.03M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?

$82/SF

ZIP average, outlier-cleaned · 186 recorded sales of this use type

Observed band · Q1–Q3$36 – $132

Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMCLEAN

Location intelligence

Which uses thrive at this corner?

Best fit: Dental Office

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Dental Office25.1

Law Firm21.5

Restaurant16.8

1401 Commerce Pkwy Bloomington, IL 61701-7223

County assessor Recorded deeds · 3 transfers 12 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby

Address Sale price Sold Size

110 Madison, Bloomington, IL 61701-5012 $1,242,500 Jan 2026 15,800 SF

2014 Cabintown, Bloomington, IL 61701-9723 $410,000 Jan 2026 7,774 SF

311-313 Mcclun, Bloomington, IL 61701 $400,000 Jan 2026 8,880 SF

305-309 Ctr, Bloomington, IL 61701 $195,000 Dec 2025 12,339 SF

312-314 Main, Bloomington, IL 61701 $1,180,000 Dec 2025 12,420 SF

1404 Eastland Dr, Bloomington, IL 61701-7904 $500,000 Apr 2025 5,168 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$625,000

6,498 SF

318-320 Riley Dr

COMMERCIAL (GENERAL)

318-320 Riley Dr, Bloomington, IL 61701

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Value Estimation
$235,000

6,000 SF

1503 Cir Ave

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1503 Cir Ave, Bloomington, IL 61701-3712

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Value Estimation
$225,000

4,434 SF

Bloomington, IL 61701

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Bloomington, IL 61701

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Value Estimation
$855,000

24,444 SF

101-103 Jefferson St

COMMERCIAL (GENERAL)

101-103 Jefferson St, Bloomington, IL 61701

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Value Estimation
$3,375,000

44,451 SF

1805 Veterans Pkwy

COMMERCIAL (GENERAL)

1805 Veterans Pkwy, Bloomington, IL 61701-7000

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Value Estimation
$265,000

1,758 SF

602 Gridley St

COMMERCIAL (GENERAL)

602 Gridley St, Bloomington, IL 61701-5227

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