807 Washington StBloomington, IL 61701

  • Commercial real estate
  • 1,808 SF
For Sale
$225,000 View listing

Property Details for 807 Washington St

Year built
1920
Construction
FRAME
Lot size
0.14 AC
Property size (Sq ft)
1,808 SF
Property type
Commercial real estate
APN
21-04-434-003
APU
2104434003

Description

This stunning, vacant 1,808 square foot creative office space presents a unique investment opportunity in Bloomington, Illinois. Located at 807 E Washington St, this Class B, single-tenant building boasts a prime location near downtown, at the intersection of Washington and N. Clinton Streets. Originally built in 1920, this beautifully converted two-story house offers a blend of historic charm and modern functionality. The property features multiple private offices, perfect for individual work or team collaboration, along with a dedicated conference room for meetings. Updated restrooms and a full kitchen on the second floor add to the convenience and comfort. Additional storage space is available in the attic and basement. The property sits on a 3-story building and is zoned B1. The asking price is $225,000, translating to $124.45 per square foot. This property is a rare find, offering a distinctive and inviting environment for a discerning business. The McLean County property (APN 21-04-434-003) is currently vacant and ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $373,666
    Hospitality
    $342,276
    Educational
    $284,770
    Medical
    $294,564
    Retail
    $442,976
807 Washington St, Bloomington, Illinois

Location Insight

City
Bloomington
County
Mclean
State
Illinois
Latitude
40.4795
Longitude
-88.9839
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
$4,402
$5,991
$46,677
$52,668
-
$17,973
$140,031
$158,004

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