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    Normal, IL
    Conventional Restaurant

    Normal, IL Conventional Restaurants for Sale

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    Bloomington, IL Hudson, IL Carlock, IL Danvers, IL Heyworth, IL Downs, IL Lexington, IL Ellsworth, IL
    Turn-Key Restaurant Opportunity
    Updated: May 4
    Turn-Key Restaurant Opportunity

    1700 Fredrick Ln, Normal, IL 61761

    Contact for pricing
    1,883 sqft
    Offered as a turn‑key restaurant business in a retail area near interstates.
    View details
    Remodeled Restaurant With Commercial Kitchen
    Updated: Sep 18
    Remodeled Restaurant With Commercial Kitchen

    1501 N Main Street, Normal, IL 61761

    $725,000
    Commercial kitchen and restaurant equipment updated in 2023
    Sale includes land, building, furniture, fixtures, and restaurant equipment
    Signalized‑corner location on N Main Street in Normal, IL
    Near Illinois State University and Heartland Community College
    Walk‑in cooler, walk‑in freezer, updated restrooms, and tile flooring
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Normal, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Venue Restaurant Building
    Two-Venue Restaurant Building

    704 McGregor Street, Bloomington, IL 61701

    $1,100,000
    8,595 sqft

    Remodeled hospitality property includes a rear bar, restrooms, and exterior access for flexible operations.

    View details
    Mixed-Use Building with Rooftop Bar
    Mixed-Use Building with Rooftop Bar

    140 Washington Sq, Washington, IL 61571

    $4,900,000
    10,510 sqft

    Renovated hospitality and residential spaces combine restaurant, brew pub, rooftop, and short-term rental uses.

    View details
    Turnkey Bakery Business
    Turnkey Bakery Business

    Turnkey Bakery Business for Sale (504 Guido Circle), Bloomington, IL 61701

    $395,000

    Established bakery and catering operation on the market, operating for nearly 40 years with custom cakes and desserts.

    View details
    Mixed-Use Building with Rooftop Bar
    Mixed-Use Building with Rooftop Bar

    140 Washington Square, Washington, IL 61571

    $4,900,000
    0.11 AC lot

    Brick downtown property combines restaurant, brew pub, rooftop bar, and four short-term rental units.

    View details

    Normal, IL Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Normal, IL on our real estate platform. These investment opportunities span a total of 1,883 square feet of properties for sale, with an estimated market value of $725,000.

    Sale prices for conventional restaurants in Normal, IL average $725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 5
    Commercial kitchens 1

    Demographics Overview

    Population 53K
    Population Growth (5Y) -3.3%
    Median Household Income $66,642
    College Educated 35.5%

    High-Yield Neighborhoods for Investment

    Identify Normal submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61761 $725K

    Taxes & Financing

    Tax Rate (average for all types) 8.55%
    Property Tax per SF $81.93 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLean County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Normal fall within the 100,000+ square foot range.

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