Financial
Distress signals
Property profile

2243 Westgate Dr Bloomington, IL 61705

FOR LEASE
Commercial real estate
Property ID
US28-2737880
26,520 SF 4.25 ac lot Built 2005
Last sale Nov 2024 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Exceptional retail opportunity awaits at Bloomington Shoppes, a 26,400 square foot center built in 2005, located in McLean County, Illinois at 2243 Westgate Dr, Bloomington, IL 61705. Currently, 18,400 square feet of space is available for lease, divisible into units ranging from 1,200 to 5,200 contiguous square feet, with a maximum leasable space of 10,600 square feet. This multi-tenant property offers excellent visibility and accessibility, situated less than one mile from Interstate-55 and…

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.

Mortgages

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?
$33k
Tax billed · 2023
Assessed value$390k
Assessed land$267k
Assessed improvement$123k
Effective rate8.47%

Value estimate

· Sep 2026
$375k
$338k – $413k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$87/SF
Submarket average, outlier-cleaned · 341 recorded sales of this use type
Observed band · Q1–Q3$45 – $143
Qualifying comparables4

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

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.0
Electrical Service8.9
Tailor Shop8.7

Location

2243 Westgate Dr Bloomington, IL 61705
County assessor Recorded deeds · 3 transfers 4 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
919 Thor, Bloomington, IL 61705-6492 $580,000 Jan 2026 11,970 SF
919 Maple Hl, Bloomington, IL 61705-5007 $1,900,000 Sep 2024 28,187 SF
923 Maple Hl, Bloomington, IL 61705-5007 $3,950,000 Sep 2024 31,603 SF
902 Avalon, Bloomington, IL 61705-6610 $850,000 Oct 2023 15,000 SF
1014 Wylie, Bloomington, IL 61705-9341 $7,000,000 Mar 2023 42,579 SF
1035 Wylie, Bloomington, IL 61705-9341 $1,649,500 Nov 2022 10,800 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message