Property Listing No Longer Available for Sale

801 N Main St, Bloomington, IL

Land for Sale - 4.09 acres


Property Info

CIMLS#1057259
Location
  801 N Main St
  Bloomington IL 61701
UpdatedNovember 17th, 2021
TypeLand
PriceUpon Request
Land4.09 acres

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively issue this Request for Proposals (RFP) for the redevelopment of 4.093 acres in the 800 Block of North Main Street. The site is positioned on the northern edge of Downtown Bloomington near the Illinois Wesleyan University (IWU) campus. It provides an opportunity to construct a new, highly visible development that could better link the Downtown to IWU (1,650 students / 500 employees), accentuate the historic and cultural arts character of Downtown, and attract new residents and patrons to the Downtown.

The site fronts Main Street (State Route 51 / Historic Route 66) and is located approximately one mile south of Advocate BroMenn Medical complex (221 beds / 1,300 employees) and 1.5 miles south of Illinois State University (20,635 students / 3,654 employees).

The purpose of this RFP is to identify a developer that will take ownership of the property and construct the proposed development under the terms of a negotiated development agreement with the City of Bloomington and Illinois Wesleyan University (Sellers).


Financials