Financial
Distress signals
Property profile

1703 Clearwater Ave 100 Bloomington, IL 61704

FOR LEASE
Commercial real estate
Property ID
US28-1385317
6,570 SF 0.65 ac lot Built 1997
Last sale Jul 2012
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 2,070 square foot office space is located at 1703 Clearwater Avenue in Bloomington, Illinois, within McLean County (APN 14-35-253-014). The property, part of a larger 6,570 square foot building constructed in 1997, offers a fantastic opportunity for businesses seeking a move-in ready space. The suite features a well-designed layout including a welcoming reception area, two private offices ideal for executive or team use, a versatile open-plan area perfect for collaborative

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?
$15k
Tax billed · 2023
Assessed value$179k
Assessed land$76k
Assessed improvement$103k
Effective rate8.36%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$315k
NOI build-up
Gross scheduled income$138k
Vacancy & credit loss−$33k
Operating expenses−$26k
NOI · 542,365.52% cap applied$79k

Realmo valuation models over county records and 7 qualifying comparable sales.

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
Qualifying comparables7

Cap rate analysis

How does the asset earn?
542,365.52%
$79k 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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.0
Storage Facility9.0
Dry Cleaner9.0

Location

1703 Clearwater Ave, Unit 100 Bloomington, IL 61704
County assessor Recorded deeds · 1 transfer 7 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
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
2504 Washington, Bloomington, IL 61704-4706 $449,000 Jan 2026 5,965 SF
705 Fairmont, Bloomington, IL 61704-6055 $410,000 Jul 2025 5,548 SF
414 Olympia, Bloomington, IL 61704-5392 $787,000 Jun 2025 7,332 SF
2405 Washington, Bloomington, IL 61704-4409 $1,100,000 Mar 2025 4,941 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