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Commercial Office Space 2709 McGraw Dr 22,268 SF Office Building Bloomington, IL 61704 $2,200,000 ($98.80/SF)
Investment Highlights
- 22,268-SF professional office building situated on a 1.84-acre site within a quiet, established neighborhood near Veterans Parkway.
- Size, flexibility, and strategic positioning align at 2709 McGraw Drive, creating a rare opportunity within Bloomington, Illinois.
- Building layout includes 15,656 SF on the ground floor and a 6,612-square-foot lower level, ideal for training, meetings, or client-facing functions.
- Strategically located with immediate interstate access and proximity to Central Illinois Regional Airport, supporting strong regional connectivity.
- Configured with a mix of private offices and open workspace, offering a functional layout suited for a variety of professional users.
- Surrounded by an established upper-middle-income demographic base with a strong concentration of professional users supporting long-term functions.
Executive Summary
Rarely does a commercial property offer the combination of size, flexibility, and strategic positioning found at 2709 McGraw Drive. Strategically located in Bloomington, Illinois, with immediate access to major interstates and proximity to the Central Illinois Regional Airport, the 22,268-square-foot professional office building is on a 1.84-acre site within a quiet, established neighborhood. 2709 McGraw Drive is located near Veterans Parkway, one of the area's primary north-south arterial corridors providing access throughout Bloomington-Normal. The surrounding area is supported by an established, upper-middle-income demographic base with a strong concentration of professional users, reinforcing long-term occupancy and usability.
Configured with a mix of private offices and open collaborative workspace, 2709 McGraw Drive includes 15,656 square feet on the ground floor and a 6,612-square-foot lower level, ideal for training sessions or client presentations, accessible via both stairs and elevator.
Originally constructed in 1974 with subsequent additions, each section features separate entrances and restrooms, supporting flexible occupancy or potential subdivision. Recent HVAC upgrades and a durable brick exterior enhance overall efficiency, while B-1 zoning allows for a range of office and commercial uses. On-site parking for 85 vehicles, combined with an additional lot across the street, provides ample capacity and future expansion potential, with the sale also including 2710 McGraw Drive, a vacant parcel across the street.
Positioned to accommodate a range of office users or investors, 2709 McGraw Drive offers a highly functional layout, future flexibility, and a compelling opportunity to capture both immediate usability and long-term upside.
Configured with a mix of private offices and open collaborative workspace, 2709 McGraw Drive includes 15,656 square feet on the ground floor and a 6,612-square-foot lower level, ideal for training sessions or client presentations, accessible via both stairs and elevator.
Originally constructed in 1974 with subsequent additions, each section features separate entrances and restrooms, supporting flexible occupancy or potential subdivision. Recent HVAC upgrades and a durable brick exterior enhance overall efficiency, while B-1 zoning allows for a range of office and commercial uses. On-site parking for 85 vehicles, combined with an additional lot across the street, provides ample capacity and future expansion potential, with the sale also including 2710 McGraw Drive, a vacant parcel across the street.
Positioned to accommodate a range of office users or investors, 2709 McGraw Drive offers a highly functional layout, future flexibility, and a compelling opportunity to capture both immediate usability and long-term upside.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
22,268 SF
Building Class
B
Year Built/Renovated
1974/1995
Price
$2,200,000
Price Per SF
$98.80
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
15,656 SF
Building FAR
0.28
Lot Size
1.84 AC
Zoning
B1 - B-1 commercial
Lot Dimensions: 200' x 250' and 120' x 250'
Parking
85 Spaces (3.82 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
9,299
60,200
128,809
2025 Population
8,988
60,597
129,419
Population Growth '20-'25
-3.3%
0.7%
0.5%
2020 Households
4,590
26,993
52,119
2025 Households
4,420
27,236
52,299
Household Growth '20-'25
-3.7%
0.9%
0.4%
Average Age
42
39
37
Median Household Income
$76,701
$67,619
$74,329
Daytime Employees
17,892
55,900
80,561
Total Businesses
734
4,724
6,690
College Degree + Higher
49%
42%
45%
Property Taxes
| Parcel Numbers | Improvements Assessment | $369,602 | |
| Land Assessment | $239,115 | Total Assessment | $608,717 |
Property Taxes
Parcel Numbers
Land Assessment
$239,115
Improvements Assessment
$369,602
Total Assessment
$608,717
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Commercial Office Space | 2709 McGraw Dr
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