2217 W Market St - Bank FOR SALE


Bloomington, IL 61705
$900,000 USD
847-337-7736
2217 W Market St, Bloomington, IL for Sale
$900,000 USD
Bank - FOR SALE
1/1
null | Request Cap Rate

2217 W Market St
Bloomington, IL 61705


HIGHLIGHTS

  • Located at a signalized intersection with strong traffic exposure along Market Street.
  • Four existing drive-thru lanes suitable for banking or quick-service retail operations.
  • Positioned near major retailers, restaurants, and hospitality options, ensuring steady consumer activity.
  • Easy access to Interstates 55 and 74, providing regional connectivity.
  • Close to Rivian’s 7,400-employee facility and Illinois State University with over 21,000 students.

OVERVIEW

This former bank branch offers a unique opportunity for investors or owner-users seeking a well-positioned property in Bloomington, Illinois. Situated on a 2.05-acre parcel at the NEC of Market Street and JC Parkway, the site provides excellent visibility and accessibility in a growing commercial corridor. The building spans 6,398 square feet and includes four drive-thru lanes, making it adaptable for financial institutions, quick-service retail, or other high-traffic uses. The property benefits from its proximity to major transportation routes, including Interstates 55 and 74, which connect Bloomington to regional markets. Nearby anchors such as Walmart Supercenter, Tractor Supply, and multiple national quick-service restaurants drive consistent traffic to the area. Additionally, the site is located near Rivian’s manufacturing facility, Illinois State University, and Illinois Wesleyan University, contributing to a strong employment and consumer base. With a sale price of $900,000, this asset presents a compelling value proposition for buyers seeking a versatile property in a dynamic trade area.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,001 SF

ZONING

-

APN/PARCEL ID

21-06-101-007

ASK ABOUT THIS PROPERTY

847-337-7736

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847-337-7736

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