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Financial
Distress signals
Property profile

2804 Tractor Ln Bloomington, IL 61704

FOR LEASE
Other commercial real estate
Property ID
US28-3171489
Last sale Feb 2026 · $355,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 2,100-square-foot flex space designed for a variety of uses, including showroom, light industrial, warehouse, and service-based operations. It features an open interior layout with tall ceilings and includes a 12' by 10' overhead bay door. The space has full heating and cooling for year-round climate control, and includes a kitchen. A private restroom and office are planned as additions. The setting provides a tree-lined, private environment, and the property is located near major transportation routes, including I-74, I-55, I-39, and US Hwy 51.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$82k
Assessed land$26k
Assessed improvement$56k
Effective rate7.93%

Value estimate

· Oct 2026
$445k
$401k – $490k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 139,311.11% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
ZIP average, outlier-cleaned · 139 recorded sales of this use type
Observed band · Q1–Q3$50 – $143

Cap rate analysis

How does the asset earn?
139,311.11%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.7
Building Supply12.3
Law Firm12.2

Location

2804 Tractor Ln Bloomington, IL 61704
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2708 Mcgraw Dr, Bloomington, IL 61704-6012 $652,500 Feb 2026 No data
2001 Morris, Bloomington, IL 61704-7293 $3,256,000 Feb 2026 15,810 SF
2002-2004 Rainbow, Bloomington, IL 61704 $1,505,000 Jan 2026 10,125 SF
1 Audie Murphy, Bloomington, IL 61704-5806 $500,000 Jan 2026 5,824 SF
1803 Empire, Bloomington, IL 61704-3502 $1,500,000 Jan 2026 47,520 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
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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