301 W WASHINGTON ST Bloomington IL 61701-3827

Downtown Bloomington is home to over 100 shops, restaurants, and services ready to provide you with distinctive merchandise and friendly small town customer service. This is a unique opportunity to be a part of this historic Illinois city. 1935, The Pantagraph had outgrown its 1887 home. Construction of new and expanded quarters began that year at the same location. Unwilling to suspend publication or to temporarily relocate operations elsewhere, Pantagraph management had the 1887 building torn down while the new Art Deco-styled building went up around it.

This is the building that is available for redevelopment today. The current owner has explored options with potential hotel users or a multifamily redevelopment, office or mixed use entertainment could all be potential uses here. Inquire for more details.

Strong Economic Drivers:

Bloomington-Normal is a desirable market with a diversified economy. Bloomington is the county seat of McLean County, IL and the world headquarters to State Farm Insurance (14,500 employees) and Country Financial (2,025 employees), Other major employers that provide industry diversification, Illinois State University (3,940 employees), Rivian Automotive (7,500 employees), and OSF Healthcare (1,286 employees), others include Nussbaum Transportation, Beer Nuts Brand Snacks, and McLean County is one of the most productive agricultural areas in the nation, which attracted Brandt Industries to the community.

The twin cities are serviced by four major railroad lines and Amtrak, as well as air transportation at the Central Illinois Regional Airport, which services commuter, corporate, and private aircraft.

Strong College Community Demographics:

Normal is home to Illinois State University (20,784 students) and Heartland Community College (5,280 students). The community also boasts higher education at Illinois Wesleyan University in Bloomington with 1,649 students. All of the higher ed institutions have been on a growth trajectory, adding engineering programs, growing their business incubators, healthcare programs and more.

Strong National Recognition:

• Bloomington Ranks #64 in Best Places to Live in the US in 2022

• Bloomington-Normal is ranked in the top 10 among “Most Livable College Towns in America” Strategistico, 2022

• Bloomington-Normal is ranked in the top 20 among “Most Livable Small Cities in the U.S.”

• Bloomington-Normal is ranked #3 in Illinois among “Start-Up City Rankings”

• Bloomington-Normal is ranked #1 among the "Happiest City in America"

Additional parcels included with sale, currently all used for parking.