$1,045,000 4,941 SF

2405 E Washington St, Bloomington, IL 61704
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The property is a renovated office space configured with seven offices, a reception area, a conference room, and a kitchen. It is located in a high-visibility area between Prospect and Hershey. On-site parking is provided in an associated parking lot with capacity for 25 vehicles, and the lot has been resurfaced. The property includes an illuminated sign and is equipped with a Sonos sound system.

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?

$14k

Tax billed · 2023

Assessed value$164k

Assessed land$66k

Assessed improvement$98k

Effective rate8.36%

Value estimate

· Nov 2026

$1.05M

$941k – $1.15M

AI approach$1.08M

CAP approach$770k

NOI build-up

Gross scheduled income$61k

Vacancy & credit loss−$15k

Operating expenses−$12k

NOI$35k

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?

$35k estimated NOI · market benchmarks for this use type

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

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: Parking Facility

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

Demand index

Parking Facility11.8

Locksmith9.1

HVAC Service9.0

2405 E Washington St Bloomington, IL 61704

County assessor Recorded deeds · 4 transfers 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

Address Sale price Sold Size

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

904 Eldorado, Bloomington, IL 61704-6073 $425,000 Dec 2025 3,962 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

2104 Todd, Bloomington, IL 61704-3675 $641,500 Feb 2025 9,586 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

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