107 Caroline StBloomington, IL 61701

  • Commercial real estate
  • 13,202 SF
For Sale
$1,200,000 View listing

Property Details for 107 Caroline St

Year built
1982
Construction
FRAME
Lot size
0.57 AC
Property size (Sq ft)
13,202 SF
Property type
Commercial real estate
APN
21-05-301-010
APU
2105301010

Description

This vacant 12,730-square-foot industrial building in Bloomington, IL (61701), located at 107 Caroline St, is offered at $1,200,000. The property is a flexible space suitable for various uses, combining distribution, flex, and warehouse functionalities. Features include one dock-high door and three drive-in doors (with potential for additional drive-ins). The south warehouse boasts a 24-foot clear height, ideal for high-storage needs. The northwest corner offers retail frontage with excellent visibility for customer interaction. An existing, built-out office space is located above the retail area (square footage not included in the 12,730 SF total). The building includes one restroom. The property is being sold as-is. Its convenient location offers close proximity to interstates, enhancing accessibility and logistics. This unique combination of industrial and retail space presents a compelling investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,728,509
    Hospitality
    $2,499,299
    Educational
    $2,079,388
    Medical
    $2,150,901
    Retail
    $3,234,603

Location Insight

City
Bloomington
County
Mclean
State
Illinois
Latitude
40.4801
Longitude
-89.0182
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
$7,130
$12,140
$73,163
$85,303
-
$36,420
$219,489
$255,909

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