www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27135239
27135240

1205 Towanda Ave, Bloomington, IL 61701

MO
Bloomington IL 475159841
Axis 360 Commercial Real Estate Specialists
MO
Bloomington IL 475128028
Axis 360 Commercial Real Estate Specialists
Listed by Axis 360 Commercial Real Estate Specialists
$250,000
255 days on market
Updated 71 days ago

Small Development Lot | TIF District

Details
APN 14-34-480-006
Property Type Land
Sub Type Commercial
Acreage 0.780
Zoning B1

Land | 0.78 acres

Marketing description

Prime Development Opportunity–TIF District

Position your project in the heart of Bloomington’s high-visibility east–west gateway. This 0.78± acre raw land parcel sits along Towanda Avenue at the Empire/Route 9 corridor, a direct conduit from East Bloomington into Downtown. The site is within the Empire Street Corridor TIF District, designed to catalyze private reinvestment and fund public-realm upgrades across this trade area.

Unmatched Corridor Fundamentals. Empire Street (IL-9/US-150) is a primary arterial tying Veterans Parkway (Business I-55) to Downtown, with the City and IDOT actively advancing multimillion-dollar improvements—signal coordination, pedestrian/bike connectivity, and intersection upgrades—to enhance safety, flow, and access across the corridor. These projects include Route 9 enhancements and the Veterans/Empire hub, one of Bloomington’s busiest junctions.

Blue-chip neighbors that draw daily traffic. The property sits across from Bloomington Country Club, minutes to Bloomington High School, a short drive to Illinois Wesleyan University, OSF St. Joseph Medical Center, Carle BroMenn Medical Center, and major State Farm corporate campuses—creating a robust daytime population and diversified demand for services.


Investment highlights

Listing Contacts

MO
Bloomington IL 475159841
Axis 360 Commercial Real Estate Specialists
MO
Bloomington IL 475128028
Axis 360 Commercial Real Estate Specialists
Listed by Axis 360 Commercial Real Estate Specialists

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591