501 N Prospect Road Bloomington, IL ^$ 700,000

501 N Prospect Road

^$ 700,000

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501 N Prospect Road

Bloomington, IL, 61704

^$ 700,000

Bedrooms-- Baths-- Sq 2,869

Monthly Estimate*

^$ 4,367

501 N Prospect Road, Bloomington, IL 61704 - Image 1

501 N Prospect Road, Bloomington, IL 61704 - Image 2

501 N Prospect Road, Bloomington, IL 61704 - Image 3

Commercial Property for sale in Bloomington, IL

for $700,000. This 2,869 square foot building was built in 2001 on a lot size of 0.602617.

Turnkey Drive-Thru Restaurant building in a great location surrounded by businesses, close to State Farm, OSF, Country Financial, and more. On the corner of a busy intersection just East of Veterans Parkway, with steady and strong traffic.

Commercial Active

Price

^$ 700,000

Property Type

Commercial

Taxes

^$ 20,269

Style

Lot Size

0.602617

Year Built

2001

Town/City

Bloomington

County/Region

McLean

MLS | Web ID

12454489

Features

General

Cooling Central Air

Zoning COMMR

Construction Materials Brick Stucco

Year Built 2001

Electric Ameren

Stories Count 1

Property Subtype Restaurant

Tax Year 2024

County McLean

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions From Veterans Parkway East on Eastland Drive Property on the corner of Eastland Drive and Prospect

City Bloomington

MLS Area Bloomington

Lot Size Square Feet 26250

Tax Annual Amount 20269.88

Additional Parcels Y/N N

Leasable Area 2869

Standard Status Active

Exterior

Building Area Total 2869

Lot Dimensions .06

Frontage Type City Street

* Excluded Features

List By

Coldwell Banker Real Estate Group

Broker

kfudge@coldwellhomes.com

Affordability Calculator

$6,056

Per Month

Monthly Principal & Interest: $4,367
Monthly Property Taxes: $1,689
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Bloomington, IL

Average List Price ^$1,336,362

Percent of Sale Price 91%

About Bloomington, IL

78,214 Population

20% Since 2002

^$64,924 Median Income

36.67 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/26/2025	$700,000		Listed Price

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501 N Prospect Road, Bloomington, IL, 61704 is a Commercial Property for sale at $700,000 with 2,869 sqft and a lot size of 0.602617. 501 N Prospect Road was built in 2001. The property's zip code is 61704 which is in Bloomington, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/9/2025.

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501 N Prospect Road

Commercial Property for sale in Bloomington, IL

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