801 S Madison ST new

Bloomington,IL 61701

$ 1900000

- Bed

0 Bath

52927 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 52,927 sqft

Price per Sqft $35

MLS Listing ID 12380255

Year Built 1955

Tax Year 2024

Lot Dimensions 511 X 463

Property Sub-Type Mixed Use

Property Description

Welcome to 801 S. Madison, a once-in-a-lifetime opportunity to acquire over 5.23 acres of prime, versatile real estate in the heart of Bloomington, IL. Currently serving as an active and meticulously maintained Lutheran Church facility, this turn-key property is ready to continue its current use or be transformed into something entirely new. With frontage on all four sides and located just 100 yards from US Highway 51 (Main Street), the site enjoys outstanding visibility, supported by a daily traffic count of 9,363 vehicles on Main Street and another 4,000 vehicles passing directly by the property. The demographics are equally impressive, with over 7,000 households within one mile, 32,000 households within three miles, and more than 84,000 daytime employees in the surrounding area. The existing facility is built to last and in excellent condition, featuring a striking exterior of cut stone, brick, and limestone, a newer roof, and ample interior space including a large sanctuary with balcony overlook, a full-size gymnasium, and multiple classrooms, offices, and meeting rooms. With 243 striped off-street parking spaces and S-2 zoning, this property offers limitless possibilities for redevelopment into housing, a multi-office complex, a business park, or even a mixed-use institutional campus. The parcel's accessibility is unmatched, with quick connections to Interstate 74 and 55, making it ideal for both local and regional use. Whether you're a developer, investor, business owner, or organization in search of an expansive, high-impact location with extraordinary potential, 801 S. Madison delivers on every front. This is more than just a property-it's a platform for your next bold vision.

Location

State IL

County Mclean

Area Bloomington

Zoning COMMR

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Mixed Use

Level or Stories 2

Structure Type Brick,Steel Siding,Stone

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