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32021632

217 W JEFFERSON ST, BLOOMINGTON, IL 61701 For Sale

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
$1,200,000
90 days on market
Updated 24 days ago

217 W JEFFERSON ST BLOOMINGTON IL 61701

Details
APN 21-04-327-004
Property Type Retail, Office (+1)
Sub Type Restaurant, Bar (+1)
Square Footage 20,240
Units 4
Cap Rate 5.87%
NOI $70,407
Occupancy 75%
Tenancy Multi
Pro-Forma Cap Rate 8.59%
Pro-Forma NOI $103,131
Price per SqFt $59
Year Built 1900
Year Renovated 2025
Buildings 1
Stories 4
Lot Size (SqFt) 7,590
Zoning D1
Ground Lease No

Downtown Investment | 8 Bit Arcade | Hockey Foundry

Marketing description

First Floor is Leased to 8 Bit Arcade, a bar that features free play retro arcade games, pinball, skiball, along with over 250 craft beers, ciders and seltzers for purchase.

Second Floor: Available for Lease

Third & Fourth Floors are leased to The Hockey Foundry, The Lab Shooting Facility. Created for hockey players to be able to work on their skills year round.

Investment highlights

Historic Pantagraph Printing & Stationery Building – A Rare Opportunity

Located at the corner of Madison and Jefferson streets, this historic property has been a landmark since its completion in 1903. Originally home to the Pantagraph Printing and Stationery Company—incorporated in 1889—it remained in continuous operation for over a century. Now, this architectural gem is ready for a new chapter.

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

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$70,407.00
$5,867.25/mo

Valuation Metrics

0
DSCR
5.87%
Cap Rate
5.87%
ROI

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