IL - Bloomington / Normal
IL - Champaign / Urbana
DEMOGRAPHICS
Bloomington-Normal, IL
1,184
168,918
70,687
$73,184
69,980
7.0%
Coldwell Banker Commercial
Heart of America Realtors
802 S. Eldorado Rd.
Bloomington, IL 61704
(309) 662-3377
www.cbhoacommercial.com
CONTACT
OFFICE
Vacancy
Q
Absorption
P
Rental Rates
N
INDUSTRIAL
Vacancy
N
Absorption
P
Rental Rates
Q
MARKET HIGHLIGHTS
•;State Farm Insurance plans to
add 300 employees.
•;Uptown Normal is busy with
Transportation Center and other
projects in the works.
•;ISU campus apartment
development is active.
•;Healthcare expansions for
Advocate Bromenn and OSF.
•;Local jobless rate stays
consistently best.
•;Forbes rates area #22 best on
their list of Best Small Places for
Business and Careers.
RETAIL
Vacancy
N
Absorption
N
Rental Rates
N
MULTI-FAMILY
Vacancy
N
Absorption
N
Rental Rates
N
DEMOGRAPHICS
Champaign-
Urbana, IL
1,923
227,494
97,325
$61,774
80,156
7.9%
MARKET HIGHLIGHTS
•;The local CRE market appears to
have hit the bottom in 2011.
•;Buyers and tenants are
responding to opportunities.
•;Financing is available for owner-occupied buyers.
•;Student housing remains a hot
commodity.
•;The unemployment rate has
leveled out.
•;2012 looks to be another year of
steady improvement.
Coldwell Banker Commercial
Devonshire Realty
201 W. Springfield Ave., 11th Floor
Champaign, IL 61820
(217) 352-7712
www.cbcdr.com
CONTACT
OFFICE
RETAIL
Vacancy
N
Vacancy
Q
Absorption
N
Absorption
P
Rental Rates
Q
Rental Rates
Q
INDUSTRIAL
MULTI-FAMILY
Vacancy
N
Vacancy
Q
Absorption
N
Absorption
N
25 Rental Rates
N
Rental Rates
P
