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    Normal, IL
    Conventional Restaurant

    Normal, IL Conventional Restaurants for Sale

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    Bloomington, IL Hudson, IL Danvers, IL Carlock, IL Heyworth, IL Downs, IL Lexington, IL Stanford, IL
    Two-Tenant Corner Retail Restaurant
    Updated: Apr 11
    Two-Tenant Corner Retail Restaurant

    1601 E College Ave, Normal, IL 61761

    Contact for pricing
    5,311 sqft
    5,311 SF two‑tenant retail restaurant property offered with 100% fee interest
    100% occupied by Chipotle and Blaze Pizza
    Chipotle secured a 10‑year extension
    Premier corner location at Veterans Parkway and College Avenue in Bloomington‑Normal, IL
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    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 5 Potential Opportunities for your consideration. Besides 1 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.

    Fully Equipped Restaurant Space
    Fully Equipped Restaurant Space

    616 W Van Buren Street, Clinton, IL 61727

    $399,900
    0.60 AC lot

    Central air and COMMR zoning support a ready-to-operate restaurant space with included equipment.

    View details
    Former Restaurant with Equipment
    Former Restaurant with Equipment

    127 E Ashland St, Morton, IL 61550

    Contact for pricing
    5,091 sqft

    Former restaurant offers two dining rooms, a large bar area, and remaining kitchen refrigeration and equipment.

    View details
    Drive-Thru Restaurant Opportunity
    Drive-Thru Restaurant Opportunity

    151 E Ashland St, Morton, IL 61550

    Contact for pricing

    Restaurant for sale in Morton, IL with sit-down, drive-thru, and front window service.

    View details
    Equipped Restaurant Property
    Equipped Restaurant Property

    616 W Van Buren Street, Clinton, IL 61727

    Contact for pricing

    Existing restaurant equipment is included with the commercial restaurant property.

    View details

    Normal, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Normal, IL on our real estate platform. These investment opportunities span a total of 5,311 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Drive through restaurants 1

    Demographics Overview

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

    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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