306 Greenwood Ave Bloomington, IL 61704-7204
Property summary
This exceptional commercial property at 306 Greenwood Avenue, Bloomington, IL, presents a unique investment opportunity. Spanning 2,384 square feet, this versatile building seamlessly blends office space and a spacious garage/warehouse area, ideal for a variety of businesses. The property comprises three parcels (302, 304, and 306 Greenwood Avenue) totaling approximately 1.00 acres, sold together as a single unit. Recent upgrades include a new HVAC system (2020), a well motor replacement (2017), updated windows and siding, and a new roof. The building features two bathrooms, two offices, and a substantial 31 x 22 foot mezzanine area. Three overhead doors, two of which are app-controlled, provide convenient access to the warehouse space. Remote-controlled blinds add to the modern conveniences. The property utilizes a well and septic system. A billboard on the property generates supplemental income, currently leased until December 31, 2022, for $3,600 annually. This prime location offers easy access to Highways 74 and 55, situated conveniently off Veterans Parkway. The combined annual property taxes for all three parcels are $11,053.62. This is a sale-only listing
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
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Car Dealership
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(Bike/Boat/Book/etc) Store
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Car Dealership
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Car Dealership
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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.
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