207 Williamsburg DrBloomington, IL 61704
- Commercial real estate
- 8,540 SF
Property Details for 207 Williamsburg Dr
- Year built
- 2000
- Construction
- FRAME
- Lot size
- 1.28 AC
- Property size (Sq ft)
- 8,540 SF
- Property type
- Commercial real estate
- APN
- 21-02-276-034
- APU
- 2102276034
Description
This single-story, 8,540-square-foot freestanding office building, built in 2000, is situated on 1.29 acres at 207 N Williamsburg Dr, Bloomington, IL 61704, near Eastland Drive. The property features 42 parking spaces and is zoned C1 (APN: 21-02-276-034). Previously occupied by the Social Security Administration, this well-maintained building offers significant potential for a variety of uses, including subdivision for multiple tenants. Its prime location in a professional office area, close to major employers like State Farm, Country Financial, Illinois State University, Rivian Automotive, and OSF Healthcare, provides excellent access to a strong workforce. The building benefits from its proximity to the main retail corridor and hospitals. Bloomington-Normal's thriving economy, diverse employment base, and strong college community (Illinois State University, Heartland Community College, and Illinois Wesleyan University) contribute to a desirable and growing market. The area boasts high rankings in livability and startup opportunities, making this property an attractive investment. Annual property taxes are $31,219.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,764,995
- Hospitality
- $1,616,726
- Educational
- $1,345,097
- Medical
- $1,391,357
- Retail
- $2,092,373
Location Insight
- City
- Bloomington
- County
- Mclean
- State
- Illinois
- Latitude
- 40.4823
- Longitude
- -88.9455
- CBSA code
- 14010
- CBSA name
- BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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