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Property profile & analytics

2703 Mcgraw Dr Bloomington, IL 61704-6089

  • Commercial real estate
  • 7,045 SF
  • 0.57 lot acres
OFF-MARKET
Value Estimations
$605,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-1822705
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Conversant Tech Solutions INC. / (Bike/Boat/Book/etc) Store / Corporate Office
  • Martin Digital Display / Marketing & Advertising / Advertising Agency
  • Cubes Technologies / Tech Support Center / (Bike/Boat/Book/etc) Store
  • Corn States Credit Corporation / Loan Service
  • Best Brains / Training Center / Tutoring Service

Property Details for 2703 Mcgraw Dr

Year built
1974
Construction
FRAME
Lot size
0.57 lot acres
Property size
7,045 SF
Property type
Commercial real estate
APN
21-11-180-003
APU
2111180003

Description

This exceptional coworking opportunity is located in Southeast Bloomington, offering convenient access to State Farm Corporate and Corporate South, just minutes away. The property, situated on a 0.57-acre lot, comprises a 5,533 square foot building with multiple tenancies. Currently, two suites are available. Suite 3, located in the northeast section of the building, is a smaller space measuring 8' x 13' and includes access to a shared reception area and restrooms. Suite 4B offers more substantial space with three rooms and a shared bathroom. The building is owner-occupied, ensuring meticulous maintenance and a commitment to tenant satisfaction. The property boasts ample parking, with an approximate ratio of 9 spaces per 1000 square feet. Its strategic location provides easy access to a variety of shopping and dining options, enhancing the overall convenience and appeal for businesses and professionals. The available suites range in size from 100 to 204 square feet, providing flexible options to accommodate diverse business needs. This is an ideal location for businesses seeking a professional and well-maintained workspace in a thriving commercial area. The property is classified as an office building with a coworking subtype.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $595,000
    Market price range: $354k - $1.01M
    AI Estimate
    $394,000
    Market price range: $215k - $679k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Bloomington
County
Mclean
State
Illinois
Longitude
-88.9529
Latitude
40.4675
CBSA code
14010
CBSA name
BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,043
$66,306
$137,605
$203,911
-
$198,918
$412,815
$611,733
More about this property
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