1015 Mercer AveBloomington, IL 61701

Property Details for 1015 Mercer Ave

Year built

1980

Construction

FRAME

Lot size

4.97 AC

Property size (Sq ft)

29,368 SF

Property type

Commercial real estate

APN

21-10-426-041

APU

2110426041

Description

This exceptional Class A medical office building, totaling 29,368 square feet, is situated at 1015 S Mercer Ave, Bloomington, IL 61701, conveniently located off Veterans Parkway. The single-story building, constructed in 1980, features 101 parking spaces and boasts 5,240 square feet of immediately available space. Currently housing a variety of medical professionals including dermatology, plastic surgery, ophthalmology, pain management, and autism services, this property offers a strong existing tenant base. The building is strategically positioned across from Westminster Village Retirement Community and near the State Farm Corporate South Complex, ensuring high visibility and accessibility. It's also a short 1.7-mile drive to OSF St. Joseph Medical Center. The available space is 4,600 square feet and is priced at $8/SF base rent with an additional $7/SF for net charges and utilities. The landlord is willing to make basic updates to the space to suit a new tenant's needs. The property is zoned B1 and has an APN of 21-10-426-041 in McLean County. This presents a unique opportunity for medical practices seeking a well-established and highly visible location in a thriving medical corridor.

• Alternative Use

  Use

  Valuation

  Residential

  $6,069,599

  Hospitality

  $5,559,720

  Educational

  $4,625,622

  Medical

  $4,784,704

  Retail

  $7,195,412

Location Insight

City

Bloomington

County

Mclean

State

Illinois

Latitude

40.4644

Longitude

-88.9639

CBSA code

14010

CBSA name

BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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