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1205 Towanda Dr
Bloomington, IL 61701
2402 · Land For Sale
·
0.78 AC
INVESTMENT HIGHLIGHTS
- Empire Street TIF
- Lighted Intersection
EXECUTIVE SUMMARY
Prime Development Opportunity–TIF District
Position your project in the heart of Bloomington’s high-visibility east–west gateway. This 0.78± acre raw land parcel sits along Towanda Avenue at the Empire/Route 9 corridor, a direct conduit from East Bloomington into Downtown. The site is within the Empire Street Corridor TIF District, designed to catalyze private reinvestment and fund public-realm upgrades across this trade area.
Unmatched Corridor Fundamentals. Empire Street (IL-9/US-150) is a primary arterial tying Veterans Parkway (Business I-55) to Downtown, with the City and IDOT actively advancing multimillion-dollar improvements—signal coordination, pedestrian/bike connectivity, and intersection upgrades—to enhance safety, flow, and access across the corridor. These projects include Route 9 enhancements and the Veterans/Empire hub, one of Bloomington’s busiest junctions.
Blue-chip neighbors that draw daily traffic. The property sits across from Bloomington Country Club, minutes to Bloomington High School, a short drive to Illinois Wesleyan University, OSF St. Joseph Medical Center, Carle BroMenn Medical Center, and major State Farm corporate campuses—creating a robust daytime population and diversified demand for services.
Position your project in the heart of Bloomington’s high-visibility east–west gateway. This 0.78± acre raw land parcel sits along Towanda Avenue at the Empire/Route 9 corridor, a direct conduit from East Bloomington into Downtown. The site is within the Empire Street Corridor TIF District, designed to catalyze private reinvestment and fund public-realm upgrades across this trade area.
Unmatched Corridor Fundamentals. Empire Street (IL-9/US-150) is a primary arterial tying Veterans Parkway (Business I-55) to Downtown, with the City and IDOT actively advancing multimillion-dollar improvements—signal coordination, pedestrian/bike connectivity, and intersection upgrades—to enhance safety, flow, and access across the corridor. These projects include Route 9 enhancements and the Veterans/Empire hub, one of Bloomington’s busiest junctions.
Blue-chip neighbors that draw daily traffic. The property sits across from Bloomington Country Club, minutes to Bloomington High School, a short drive to Illinois Wesleyan University, OSF St. Joseph Medical Center, Carle BroMenn Medical Center, and major State Farm corporate campuses—creating a robust daytime population and diversified demand for services.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $250,000 | Lot Size | 0.78 AC |
| Price Per AC | $320,512.82 |
| Price | $250,000 |
| Price Per AC | $320,512.82 |
| Lot Size | 0.78 AC |
Small corner development lot, lighted intersection
PROPERTY TAXES
| Parcel Number | 14-34-480-006 | Improvements Assessment | $1,403 |
| Land Assessment | $35,959 | Total Assessment | $37,362 |
PROPERTY TAXES
Parcel Number
14-34-480-006
Land Assessment
$35,959
Improvements Assessment
$1,403
Total Assessment
$37,362
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