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1615 Commerce Parkway, Bloomington, IL 61704
$1,550,000
1615 Commerce Parkway, Bloomington, IL 61704View this property at 1615 Commerce Parkway, Bloomington, IL 61704
1615 Commerce ParkwayBloomingtonIL61704
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Property Description
This professional office building is currently occupied by IBM and University of Illinois Extension office. IBM will be vacating the building later this year, making available 10,291 SF for a potential buyer to occupy or Tenant to Lease as a standalone unit. U of I has some remaining lease term and can provide a new owner an opportunity to offset occupancy costs while getting settled into the building. New owner can work with U of I on future tenancy needs.
Full Property Details
Full Property Details for 1615 Commerce Pkwy
General
- Price: $1,550,000
- Taxes: $41,945 (2021)
- Status: Active
- Type: Office
- MLS ID: 11768227
- Updated: 3/29/2024
- Added to Site: 393 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: Bloomington
- County: Mc Lean
- Township: City of Bloomi
- Driving Directions: South Veterans Parkway, go South to Commerce Parkway
- Location Details: Central Illinois
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 1
- Square Feet: 18,350
- Current Bldg. Use: Office
- Year Built: 1993
Lot Features
- Lot Size (Acres): 2.23
- Lot Size (Sq. Ft.): 97,138
- Lot Dimensions: 430 x 240 x 242 x 421
- Potential Use: Commercial, Office and Research
- Zoning: B1
Financial Considerations
- Lease Price: $13
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Alarm Monitored
- Assessment Year: 1993
- Tax Amount: $41,945
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Sewer
Disclosures and Reports
- Property ID: 2115179001
Listed by Axis 360 Llc*
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Schools
Schools serving 1615 Commerce Pkwy
School District:McLean County Unit School District 5
Rating | Name | Grades | Distance |
---|---|---|---|
2808 Breezewood Blvd, Bloomington, IL 61704 | K-5 | 1.1 mi | |
Brigham Early Learning Center
201 Brigham School Rd, Bloomington, IL 61704 | PK-PK | 1.4 mi | |
2901 Morrissey Dr, Bloomington, IL 61704 | 6-8 | 2.6 mi | |
3900 E Raab Rd, Normal, IL 61761 | 9-12 | 6.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1615 Commerce Pkwy
Date
Details
Price
Change
Source
4/26/2023
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1615 Commerce Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$41,839
-2%
$493,820
3%
2022
$42,520
1%
$481,213
3%
2021
$41,946
7%
$469,156
7%
2020
$39,208
3%
$437,962
—
2019
$37,935
—
$437,962
-1%
2019
$37,935
-1%
$442,385
—
2018
$38,280
4%
$442,385
—
2017
$36,726
—
$442,385
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1615 Commerce Pkwy
1615 Commerce Parkway, Bloomington, IL 61704 (MLS# 11768227) is a Office property. 1615 Commerce Parkway is currently listed for $1,550,000 and was received on April 26, 2023. Want to learn more about 1615 Commerce Parkway? Do you have questions about finding other Office real estate for sale in Bloomington? You can browse all Bloomington real estate or contact a Coldwell Banker agent to request more information.