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Investment Highlights

  • Close proximity to interstates
  • Developing area
  • Heavy retail
  • Close proximity to Rivian Manufacturing Plant

Executive Summary

This 2.31-acre site sits in Bloomington-Normal, one of the strongest growth markets in Illinois, driven by Rivian’s manufacturing campus, two major insurance headquarters, a stable university base, and expanding service demand around the I-55/I-74 corridor. Zoned B1, this is a worker-serving commercial site, not just vacant land. Its value comes from being positioned between Rivian-driven employment demand, existing hotel/restaurant sites, highway access, and nearby residential neighborhoods. The best buyer is likely someone serving the recurring needs of employees, vendors, contractors, visitors, and local households. The surrounding area continues to experience growth fueled by workforce expansion and ongoing economic development initiatives. With convenient access to major thoroughfares and nearby residential neighborhoods, this site offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-located commercial parcel in one of Central Illinois’ most dynamic and evolving submarkets.

Property Facts

Price $421,143
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
  • Convenience Store
  • Motel
  • Restaurant
Total Lot Size 2.31 AC
Zoning B-1

1 Lot Available

Lot

Price $421,143
Price Per AC $182,312.99
Lot Size 2.31 AC

Located on the corner of Wylie Drive and Bettis Drive with close proximity to Route 9 and Interstates 74, 55 and 39.

Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
14-31-351-027
Land Assessment
$156,161
Improvements Assessment
$0
Total Assessment
$156,161
  • Listing ID: 40501663

  • Date on Market: 5/12/2026

  • Last Updated:

  • Address: 1038 Wylie Dr, Bloomington, IL 61705

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