2306 Maysel StBloomington, IL 61701

For Sale
$449,000 View listing
  • Commercial real estate
  • 3,068 SF

Property Details for 2306 Maysel St

Year built
1955
Construction
FRAME
Lot size
0.19 AC
Property size (Sq ft)
3,068 SF
Property type
Commercial real estate
APN
21-11-126-006
APU
2111126006

Description

This extensively renovated 4,093 square foot mixed-use building at 2306 Maysel Street, Bloomington, IL, presents a unique investment opportunity. Currently configured as both a residence and a business, this commercially-zoned property offers exceptional versatility. The building features a reception area and multiple rooms easily adaptable to a wide range of business uses. Conveniently located just 1.5 blocks from Veterans Parkway in a high-traffic area, the property boasts ample parking. Parking is available on the Oakland Avenue side, with additional parking on Maysel Street connected by a convenient ramp. Significant recent renovations totaling over $100,000 enhance this property's value and appeal. Completed upgrades include a new roof (2022), landscaping (2022), a full bathroom remodel (2022), new Anderson doors and windows (2023), and replacement of the furnace, AC, and water heater on the Maysel Street side (2023). The kitchen has been completely remodeled (2023) with new cabinets, countertops, sink, and dishwasher. Interior updates include fresh paint, new carpeting throughout, and a newly designed back office (2023). Further improvements include new blinds (2022), LVP flooring (2022), and furnace and AC replacement on the Oakland Avenue side (2020). This turnkey property is ready for immediate occupancy and offers significant potential for a variety of commercial ventures. Priced at $435,000.

2306 Maysel St, Bloomington, Illinois

Location Insight

City
Bloomington
County
Mclean
State
Illinois
Latitude
40.473
Longitude
-88.9568
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
$6,344
$15,621
$60,285
$75,906
-
$46,863
$180,855
$227,718

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