240 Greenwood AveBloomington, IL 61704

Property Details for 240 Greenwood Ave

Lot size

0.68 AC

Property type

Commercial land

APN

21-17-326-014

APU

2117326014

Description

This exceptional 2.18-acre commercial lot, located at 240 Greenwood in Bloomington, Illinois (APN 21-17-326-014), presents a unique investment opportunity. Zoned B-1 Commercial, this property boasts unparalleled visibility and accessibility, situated on a signalized intersection with streets on three sides. The high traffic count of over 20,000 vehicles daily ensures maximum exposure for any development. Convenient ingress and egress are provided via Hamilton and Greenwood streets. All utilities are available. The property is being sold "AS IS," and the seller is motivated. This is the last available corner lot at this highly visible intersection. Adding to its appeal, new church construction is underway directly across the intersection, further enhancing the area's development and attracting increased foot traffic. This prime location offers significant potential for a variety of commercial ventures. Don't miss this chance to acquire a highly desirable commercial property in a thriving area.

• Alternative Use

  Use

  Valuation

  Residential

  $6,121,888

  Hospitality

  $5,607,616

  Educational

  $4,665,470

  Medical

  $4,825,924

  Retail

  $7,257,399

Location Insight

City

Bloomington

County

Mclean

State

Illinois

Latitude

40.4501

Longitude

-89.0132

CBSA code

14010

CBSA name

BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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