902 Eldorado RdBloomington, IL 61704

  • Commercial real estate
  • 5,400 SF
For Sale
$820,000 View listing

Property Details for 902 Eldorado Rd

Year built
1970
Construction
FRAME
Lot size
0.45 AC
Property size (Sq ft)
5,400 SF
Property type
Commercial real estate
APN
21-11-180-001
APU
2111180001

Description

This 5,489-square-foot flex space in Bloomington, Illinois, is ideally situated for owner-occupancy or investment. Located at 902 S Eldorado, this property boasts prime visibility on Veterans Parkway. The building, which comprises a single unit within a single building, features a blend of office and warehouse space. Approximately 60% of the space is finished to a high standard, including private offices, a conference room, and a library. The remaining 40% is warehouse space, accessible via a 10-foot overhead door. The property is zoned B-1 and includes ample parking with 20 spaces on-site. The asking price is $820,000. The property is currently available for lease at $14.00 NNN, and will be available for purchase in Spring 2025. The McLean County property (APN 21-11-180-001) offers a unique opportunity to acquire a versatile commercial space in a desirable location. The building's layout is well-suited for a variety of businesses. This is a single-tenant property with an occupancy date of April 15, 2025.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,116,039
    Hospitality
    $1,022,286
    Educational
    $850,530
    Medical
    $879,781
    Retail
    $1,323,046
902 Eldorado Rd, Bloomington, Illinois

Location Insight

City
Bloomington
County
Mclean
State
Illinois
Latitude
40.4676
Longitude
-88.9533
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
$10,559
$87,630
$38,699
$126,329
-
$262,890
$116,097
$378,987

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