Market News
Offmarket Office Building Sells for $1.5M
AXIS 360 Brokers Off-Market Sale of 816 Eldorado Street Office Investment
in Bloomington, Illinois for $1.5 Million
19,600-SF multi-tenant office building changes hands in discreet, off-market transaction
BLOOMINGTON, IL (Feb. 13, 2026) — AXIS 360 Commercial Real Estate Specialists
announced the off-market sale of 816 Eldorado Street in Bloomington, Illinois, a 19,600-square-
foot multi-tenant office building, for $1,500,000 (approximately $76.53/SF).
Meghan O’Neal-Rogozinski, CCIM, of AXIS 360 Commercial Real Estate Specialists,
represented the seller in the transaction.
Located along the Eldorado corridor and zoned B1 (Highway Business), the property features
eight office suites with a diverse tenant mix and seven suites leased, plus one 1,000 SF
unfinished suite offering a clear value-add lease-up opportunity.
The building was built in 1986, 95% occupied, traded at 9.34% cap rate.