For Sale
$920,000

240 Greenwood AveBloomington, IL 61704

2.18-acre commercial lot, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
124
Exceptional 2.18-acre commercial land parcel ideally situated on the southern Veterans Parkway corridor, just north of the I-55/I-74 interchange in Bloomington, Illinois (zip code 61704). This corner lot boasts prominent frontage on Veterans Parkway and Hamilton Roads, with convenient access from Greenwood Avenue. The Hamilton Road intersection on Veterans Parkway is fully lighted, ensuring high visibility. The property is zoned B1. The land offers significant development potential, given its location amidst a thriving business community. Nearby businesses include garden centers, produce markets, retirement homes, and service-oriented businesses, catering to a substantial residential population exceeding 135,000 within a 15-mile radius. This area is experiencing robust growth, further enhanced by Ferrero North America's substantial $214.4 million investment in expanding its local chocolate processing and manufacturing plant, projected to create 200 new jobs over four years. The asking price is $920,000, with a land value of $9.68 per square foot. This presents a unique opportunity to capitalize on the area's economic momentum and strong demographics. The property's address is 240 Greenwood Ave, Bloomington, IL.

Highlights

  • $920,000 asking price for 2.18 acres of commercial land.
  • B1 zoning.
  • Located at 240 Greenwood Ave, Bloomington, IL 61704, a corner lot at Veterans Parkway and Hamilton Roads, with Greenwood Avenue access.
  • Land value: $9.68/SF.

Property Details for 240 Greenwood Ave

Property type
Land
Lot Size (sq. ft)
94,961 SF

Location Insight

City
Bloomington
County
McLean
State
Illinois
Latitude
40.450095
Longitude
-89.013205
240 Greenwood Ave, Bloomington, Illinois

FAQs

What type of property is this?
Land - 2.18-acre commercial lot, prime location.
Where is the land located?
The property is located at 240 Greenwood Ave Bloomington, IL.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: $920,000 asking price for 2.18 acres of commercial land.; B1 zoning.; Located at 240 Greenwood Ave, Bloomington, IL 61704, a corner lot at Veterans Parkway and Hamilton Roads, with Greenwood Avenue access.
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240 Greenwood Ave
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