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Andy Kline Of Chase Properties Acquires Empire Crossing Retail Center In Bloomington For $28.35M

Property Image
SOLD
$28,350,000
Andy Kline
Michael P. Markman

Illinois

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Retail229,971 SF
Sold 02/23/2026
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Property Image
SOLD

Andy Kline Of Chase Properties Acquires Empire Crossing Retail Center In Bloomington For $28.35M

1608 East Empire Street

See Similar Deals
Retail229,971 SF
Sold 02/23/2026
Andy Kline
Michael P. Markman
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$123
Total Square Footage:229,971 SF
Transaction Type:Sale

The shopping center located at 1500-1608 East Empire Street in Bloomington is a retail asset with a transaction price of $28,350,000. It comprises a total of 229,971 square feet, equating to a price per square foot of approximately $123. The property was built in 1962 and is currently 85% leased to notable tenants such as Dick’s Sporting Goods and HomeGoods.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $28,350,000
  • Square Footage: 229,971
  • Address: 1500-1608 East Empire Street
  • Market: Bloomington
  • Price Per Square Foot: $123
  • Buyer: Andy Kline - Chase Properties
  • Seller: Michael P. Markman - BET Investments
  • Broker: JLL

Chase Properties acquired the property from Bet Investments, with JLL Capital Markets representing the seller in this transaction. This deal highlights the involvement of key individuals, specifically Andy Kline as the buyer and Michael P. Markman as the seller, within the retail real estate market.

Players

JLL
JLL
BROKERAGE
Andy Kline
Chase Properties
Andy Kline
2 deals$28.4M volume
BUYER
Michael P. Markman
BET Investments
Michael P. Markman
1 deal$28.4M volume
SELLER

Details

SOLD
IMAGE: Michael P. Markman & Andy Kline DATE: 02/23/2026 ADDRESS: 1500-1608 East Empire Street MARKET: Bloomington ASSET TYPE: Retail BUYER: Andy Kline - Chase Properties SELLER: Michael P. Markman - BET Investments (@BETInvestments) BROKER: JLL (@JLL) SALE PRICE: $28,350,000 SF: 229,971 ~ PPSF: $123 NOTE: Chase Properties acquired Empire Crossing, a 229,971-square-foot shopping center at 1500-1608 East Empire St. in Bloomington, for $28.35M ($123.28/sf) from Bet Investments, represented by JLL Capital Markets.The 1962-built center is 85% leased to tenants including Dick’s Sporting Goods and HomeGoods.

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