Bloomington, IL Commercial Real Estate for Lease and Sale

Explore 44 listings of Bloomington commercial real estate to find the best space for your business.

1701 Clearwater Ave, Suite D

1701 Clearwater Ave. Suite D, Lakewood - Hillcrest, Bloomington, IL
Property

Office

8,084 SF
Availability

1 Space

1,569 SF
Year Built

1990
For Lease

$13.00/SF/YR
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1316 E. Empire

1316 E. Empire, Lincolnwood - Holiday Knolls, Bloomington, IL
Property

Office

12,027 SF
Availability

1 Space

2,600 SF
For Lease

$10.00/SF/YR
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1209 Towanda Avenue

1209 Towanda Avenue, Lincolnwood - Holiday Knolls, Bloomington, IL
Property

Retail

54,429 SF
Year Built

1961
For Sale

$2,600,000
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3901 General Electric Road, Suite 1

3901 General Electric Road, Suite 1, Sapphire Lake - McGraw Park, Bloomington, IL
Property

Office

9,600 SF
Availability

1 Space

3,180 SF
Year Built

2005
For Lease

$15.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
NET LEASE MONRO AUTO SERVICE

1809 Eastland Dr, Evergreen - Winchester, Bloomington, IL
Property

Retail

10,676 SF
For Sale

$1,350,000
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1201 E. Bell Street

1201 E. Bell Street, South Mercer Corridor, Bloomington, IL
Property

Industrial

389,000 SF
Availability

4 Spaces

80,500 SF
For Lease

$7.00/SF/YR
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207 W Jefferson Street - Illinois House

207 W. Jefferson St., Downtown Bloomington, Bloomington, IL
Property

Office

75,000 SF
Availability

8 Spaces

15,100 SF
Year Built

1902
For Lease

$13.50/SF/YR
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2419 Maloney Drive

2419 Maloney Dr, Evergreen - Winchester, Bloomington, IL
Property

VacantLand
For Sale

$104,762
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604 E. Locust St.

604 E. Locust St., Country Club Place - Northcrest, Bloomington, IL
Property

Retail

6,960 SF
Availability

1 Space

5,460 SF
For Lease Contact for pricing
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The Shoppes at Corporate Commons

105 - 120 Krispy Kreme Drive, Evergreen - Winchester, Bloomington, IL
Property

Retail

42,524 SF
Availability

1 Space

1,575 SF
For Lease

$15.00/SF/YR
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305 S Center St

305 S Center St, Downtown Bloomington, Bloomington, IL
Property

Retail

12,339 SF
For Sale

$320,000
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1505 Veterans Parkway - Suite 2

1505 Veterans Parkway - Suite 2, Lakewood - Hillcrest, Bloomington, IL
Property

Retail

4,000 SF
Availability

1 Space

2,000 SF
Year Built

1999
For Lease

$17.00/SF/YR
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SpaceWorx - Brickyard
Space Worx
1 Brickyard Drive, Bloomington, IL
Amenities

24/7 security

A/V equipment

Access to global network

Accessible

Break room

High-speed wifi

Lounge area

Paper shredding services

Parking

Printer
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Interstate Business Park/West Gate Plaza

Interstate Business Park and West Gate Plaza Lots, Bloomington Heights, Bloomington, IL
Property

VacantLand
For Sale

$397,920.6
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808 S. Eldorado Road

808 S Eldorado Rd, Crown Court - Brookridge, Bloomington, IL
Property

Office

13,713 SF
Availability

2 Spaces

1,607 SF
Year Built

1974
For Lease

$13.00 - $33.64/SF/YR
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308 N. Center Street

308 N Center St, Downtown Bloomington, Bloomington, IL
Property

Office

2,800 SF
Availability

1 Space

2,800 SF
Year Built

1902
For Lease

$13.50/SF/YR
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CORPORATE HANGAR FACILITY FOR SALE

2907 E Empire St, Bloomington - Normal Airport, Bloomington, IL
Property

Industrial

15,000 SF
Year Built

2017
For Sale

$2,300,000
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1410 S. Main Street Office

1410 S Main St, South Hill, Bloomington, IL
Property

Office

2,137 SF
Availability

1 Space

1,100 SF
Year Built

1920
For Lease

$1,225.00/MO
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Industrial Building - 2402 West Market Street

2402 West Market Street, Bloomington Heights, Bloomington, IL
Property

Industrial

7,000 SF
Availability

1 Space

7,000 SF
Year Built

2004
For Lease

$11.75/SF/YR
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516 N Main St

516 N Main St, Downtown Bloomington, Bloomington, IL
Property

Retail
For Sale

$325,000
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2401 Maloney Drive

2401 Maloney Drive, Evergreen - Winchester, Bloomington, IL
Property

Retail

13,000 SF
Year Built

2005
For Sale

$1,695,000
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Interchange City West Lots

Interchange City West Lots , Dimmitt's Grove, Bloomington, IL
Property

VacantLand
For Sale

$198,198
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1715 E Hamilton Road

1715 E Hamilton Rd, State Farm Park, Bloomington, IL
Property

Industrial

60,000 SF
Availability

1 Space

60,000 SF
Year Built

1990
For Lease

$6.95/SF/YR
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205 N Williamsburg Dr

205 N Williamsburg Dr, Evergreen - Winchester, Bloomington, IL
Property

Office

11,311 SF
Year Built

1998
For Sale

$1,150,000
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503 S Center St

503 S Center St, Downtown Bloomington, Bloomington, IL
Property

Office

2,181 SF
For Sale

$239,000
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Morrissey Crossing

1603-1605 Morrissey Drive, State Farm Park, Bloomington, IL
Property

Retail

23,181 SF
Availability

2 Spaces

47,680 SF
For Lease Contact for pricing
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107 Caroline Street

107 Caroline St, O'Neil Park, Bloomington, IL
Property

Industrial

12,730 SF
Year Built

1982
For Sale

$1,200,000
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403 Bronco Dr

403 Bronco Dr, Bloomington - Normal Airport, Bloomington, IL
Property

Office

4,800 SF
For Sale

$279,000
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Meijer | In-Store Retail Space

1900 E. College Ave., North Pointe Bloomington, Normal, IL
Property

Retail

192,052 SF
Availability

2 Spaces

1,140 SF
Year Built

2005
For Lease Contact for pricing
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Industrial Building - 2402 West Market Street

2402 West Market Street, Bloomington Heights, Bloomington, IL
Property

Industrial

7,000 SF
Year Built

2004
For Sale

$1,299,000
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1 Auto Row, Unit 2

1 Auto Row, Unit 2, Tipton Trails - Hedgewood, Bloomington, IL
Property

Retail

14,012 SF
Availability

1 Space

14,012 SF
Year Built

1994
For Lease

$10.00/SF/YR
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SpaceWorx - Commerce
Space Worx
1605 Commerce Parkway, Bloomington, IL
Amenities

24/7 security

A/V equipment

Access to global network

Accessible

Break room

High-speed wifi

Lounge area

Paper shredding services

Parking

Printer
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2203 East Empire Street
Bloomington Normal ShareSpace
2203 East Empire Street, Bloomington, IL
Services

Open Workspace

Meeting Room
Amenities

Printer
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2404 East Empire Street
Co:Create
2404 East Empire Street, Bloomington, IL
Services

Open Workspace

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Espresso bar

High-speed wifi

Kitchen

Mail services

On-site café

Parking

TV/Monitor

Utilities included

White boards
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315 East Front Street
The Launch Pad
315 East Front Street, Bloomington, IL
Services

Meeting Room

Private Office

Dedicated Desk
Amenities

High-speed internet

High-speed wifi

Kitchen

Lockable filing cabinets

Natural light

Office furniture

Printer

Utilities included

White boards

Window view
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Market Street & Wylie Drive - Site 2

Market Street & Wylie Drive, Bloomington Heights, Bloomington, IL
Property

VacantLand

2.53 Acre
For Sale

$750,000
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716 East Empire Street
Hive 309
716 East Empire Street #2, Bloomington, IL
Services

Open Workspace

Meeting Room
Amenities

High-speed wifi

Podcast room

Premium coffee

Printer

Privacy booths

Projector
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318 N Main St

318 N Main St, Downtown Bloomington, Bloomington, IL
Property

Retail

5,000 SF
For Sale

$600,000
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Marcus Theatres Outlot - Bloomington

1111 Wylie Drive, Bloomington Heights, Bloomington, IL
Property

VacantLand

3.1 Acre
For Sale Contact for pricing
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2115 W Market St

2115 W Market St, Bloomington Heights, Bloomington, IL
Property

Retail

5,274 SF
Availability

1 Space

5,274 SF
For Lease Contact for pricing
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216 North Prairie Street
Grove+Prairie Cowork
216 North Prairie Street, Bloomington, IL
Services

Meeting Room

Private Office

Dedicated Desk
Amenities

24/7 security

Complimentary coffee & tea

High-speed internet

High-speed wifi

Kitchen

On-site café

Parking

Privacy booths

Utilities included
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1716 RT Dunn Drive Suite 2

1716 RT Dunn Drive Suite 2, South Hill, Bloomington, IL
Property

Retail

20,000 SF
Availability

1 Space

1,800 SF
Year Built

2002
For Lease

$12.00/SF/YR
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Market Street & Wylie Drive - Site 1

NEC MARKET STREET & WYLIE DR, Bloomington Heights, Bloomington, IL
Property

VacantLand

1.14 Acre
For Sale

$350,000
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1717 R.T. Dunn Dr.

1717 R.T. Dunn Dr., South Hill, Bloomington, IL
Property

Retail

21,468 SF
Availability

3 Spaces

3,108 SF
Year Built

2001
For Lease

$12.00 - $12.80/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Bloomington commercial real estate market incorporates 132,053 square feet of office space across 11 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Bloomington commercial real estate market includes 150,419 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Bloomington market, there is a total of 463,000 square feet of industrial property.

The listing inventory in Bloomington incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Bloomington is represented by Industrial space, which accounts for 147,500 square feet of available listings. Retail space available in Bloomington adds up to 84,887 square feet.

Meanwhile, most of the listings of commercial property for sale in Bloomington are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Bloomington is $12.95 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Bloomington can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Bloomington, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Bloomington is in the Downtown Bloomington neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Bloomington area.

Meanwhile, retail space opportunities are most abundant in the South Hill submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in South Mercer Corridor.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $17 per square foot. In particular, the property type commanding the highest lease rates in Bloomington was Office space.

The average size of a commercial property in Bloomington depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Bloomington, the average size of an office property is 14,673 square feet.
Retail properties here incorporate an average of 16,714 square feet.
Industrial space in Bloomington is in buildings that are, on average 115,750 square feet in size.

Bloomington, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Bloomington currently add up to 261,483 square feet. The market offers 8 active office listing(s), which amount to 27,956 square feet and account for 40% of commercial spaces on the market. Local retail availability includes 86,027 square feet across 9 retail space(s). Industrial space for rent opportunities in Bloomington amount to 147,500 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	8	27,956
Retail	9	86,027
Industrial	3	147,500

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Bloomington, IL. Currently, there is 148,473 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 6 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	18,292
Retail	6	95,444
Industrial	3	34,730
Other	6	7

Bloomington, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Bloomington, IL?

What factors affect the price of commercial real estate in Bloomington, IL?

What is the average rent for commercial space in Bloomington, IL?

What are the best areas for commercial real estate in Bloomington, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Bloomington, IL?

Bloomington, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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