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Property summary
This attractive office building, constructed in 1990, offers multiple suites ranging from 2,016 to 9,719 square feet, located in the heart of downtown Bloomington, Illinois, at 205 N Main St, 61701. The building features a single passenger elevator and 135 parking spaces in an attached enclosed garage, providing convenient access for tenants and their clients. The building is zoned B3. The first floor is currently occupied, with available spaces on the second and third floors. Each floor… offers shared restrooms and is accessible via both stairs and the elevator. The building enjoys a prime location on the downtown square, directly across from the McLean County Museum of History. The surrounding area boasts a vibrant mix of legal and professional businesses, cultural attractions, art galleries, government and judicial offices, restaurants, retail shops, and residential areas. Bloomington-Normal offers a strong and diverse economy, anchored by major employers such as State Farm Insurance, Country Financial, Illinois State University, Rivian Automotive, and OSF Healthcare. The area also benefits from a robust higher education system, including Illinois State University, Heartland Community College, and Illinois Wesleyan University, contributing to a thriving and dynamic community. Bloomington-Normal has received national recognition for its livability, ranking highly in various surveys for best places to live, most livable college towns, and happiest cities. The property's APN is 21-04-371-003.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.73 ac
- APN
- 21-04-334-011
- Assessed value · 2023
- $123,181
- Annual tax · 2023
- $10,295
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $10,295
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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