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Professional Office Building 1615 Commerce Pky 18,250 SF 44% Leased Office Building Bloomington, IL 61704 $1,550,000 ($84.93/SF)

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INVESTMENT HIGHLIGHTS

  • Close proximity to Veterans Parkway
  • Flexible floor plans suitable for a variety of office uses
  • Ample on-site parking for employees and visitorsF

EXECUTIVE SUMMARY

This property offers over 18,000 square feet of space currently configured for office use, featuring numerous private offices and flexible areas to accommodate a variety of business needs. There are many large windows throughout the property which allow for bright, natural light to flow through the building. Suite A is 10,363 square feet and is currently available for lease. Suite B is 7,887 square feet and is occupied with a longstanding tenant, the University of Illinois - Extension Office. They have 4 years remaining on their current lease term. The layout provides a unique opportunity to divide the space or customize it further, making it ideal for companies seeking a versatile and adaptable environment. This well maintained property recently had all three HVAC units replaced. An inviting shared entryway provides access to the two seperate office suites. An excellent owner-occupier opportunity with supplemental income from an existing tenant. Call today to schedule a showing!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,250 SF
Building Class
B
Year Built
1993
Price
$1,550,000
Price Per SF
$84.93
Percent Leased
44%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,250 SF
Building FAR
0.19
Lot Size
2.23 AC
Zoning
B1

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 10,363 SF
  • Office
  • -
  • Jan 2026

This property offers over 18,000 square feet of space currently configured for office use, featuring numerous private offices and flexible areas to accommodate a variety of business needs. There are many large windows throughout the property which allow for bright, natural light to flow through the building. Suite A is 10,363 square feet and is currently available for lease. Suite B is 7,887 square feet and is occupied with a longstanding tenant, the University of Illinois - Extension Office. They have 4 years remaining on their current lease term. The layout provides a unique opportunity to divide the space or customize it further, making it ideal for companies seeking a versatile and adaptable environment. This well maintained property recently had all three HVAC units replaced. An inviting shared entryway provides access to the two seperate office suites. An excellent owner-occupier opportunity with supplemental income from an existing tenant. Call today to schedule a showing!

Space Size Space Use Condition Available
1st Floor 10,363 SF Office - Jan 2026

1st Floor

Size
10,363 SF
Space Use
Office
Condition
-
Available
Jan 2026

1st Floor

Size 10,363 SF
Space Use Office
Condition -
Available Jan 2026

This property offers over 18,000 square feet of space currently configured for office use, featuring numerous private offices and flexible areas to accommodate a variety of business needs. There are many large windows throughout the property which allow for bright, natural light to flow through the building. Suite A is 10,363 square feet and is currently available for lease. Suite B is 7,887 square feet and is occupied with a longstanding tenant, the University of Illinois - Extension Office. They have 4 years remaining on their current lease term. The layout provides a unique opportunity to divide the space or customize it further, making it ideal for companies seeking a versatile and adaptable environment. This well maintained property recently had all three HVAC units replaced. An inviting shared entryway provides access to the two seperate office suites. An excellent owner-occupier opportunity with supplemental income from an existing tenant. Call today to schedule a showing!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-15-179-001
Land Assessment
$147,695
Improvements Assessment
$352,412
Total Assessment
$500,107
  • Listing ID: 38935135

  • Date on Market: 12/31/2025

  • Last Updated:

  • Address: 1615 Commerce Pky, Bloomington, IL 61704

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