Press Releases
Marcus & Millichap Arranges $13.4M Sale of Schnucks-Anchored Shopping Center in Bloomington, Illinois
August 20, 2025
BLOOMINGTON, Ill., Aug. 20, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Bloomington Commons, a 15-suite shopping center anchored by Schnucks in Bloomington, Illinois. The property sold for $13.4 million.
Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a local developer who executed on their business plan with the center and sold after an 8-year hold. The property was purchased by a West Coast doctor acquiring his first asset in the Midwest.
Bloomington Commons, located at 1701 E. Empire St., is a 132,966-square- foot shopping center featuring national tenants including Barnes & Noble, The UPS Store, Kumon Math & Reading Center, Chuck E. Cheese and H&R Block. Situated at a high-traffic intersection near Eastland Mall, the center sees more than 61,000 vehicles per day. Schnucks, anchor tenant since 1989, recently renewed its lease for a 10-year term.
Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a local developer who executed on their business plan with the center and sold after an 8-year hold. The property was purchased by a West Coast doctor acquiring his first asset in the Midwest.
Bloomington Commons, located at 1701 E. Empire St., is a 132,966-square- foot shopping center featuring national tenants including Barnes & Noble, The UPS Store, Kumon Math & Reading Center, Chuck E. Cheese and H&R Block. Situated at a high-traffic intersection near Eastland Mall, the center sees more than 61,000 vehicles per day. Schnucks, anchor tenant since 1989, recently renewed its lease for a 10-year term.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
