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    1540 E College Ave, Unit 2 Normal, IL 61761

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    For Lease
    $13 SF/Yr

    Retail space in Landmark Mall with open floor plan.

    Property size:
    48,495 SF
    Lot size:
    48,495 SF

    Property Features for 1540 E College Ave

    General Information

    Size
    48,495 SF

    Building Details

    Year built
    1986

    Source: Tom Dibble Agent Tom Dibble

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Landmark Mall Retail Space

    Located in the Landmark Mall, this retail space offers a versatile layout suitable for various business operations. The space features an open floor plan, a partitioned room, and a restroom. Windows provide natural light and exposure. The location is right off College Ave in the Landmark Mall. The surrounding area includes restaurants, grocery stores, and banks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kochi Japanese Restaurant Jackson Hewitt Tax ... Tax Consultant Peoria Blind Factory Window Treatment Store Diamond's Slots & Video ... Bar Kingdom City Boxing-Fitness Boxing Gym

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Normal
    County
    McLean
    State
    Illinois
    Longitude
    -88.9573265
    Latitude
    40.5117515

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    FAQs

    What type of property is this?
    Shopping mall - Retail space in Landmark Mall with open floor plan.
    Where is this shopping mall located?
    The property is located at 1540 E College Ave, Unit 2 Normal, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location in the well-known Landmark Mall.; - Wide open floor plan offering versatile space and endless possibilities.; - Plenty of windows providing maximum exposure and great lighting.
    (309) 242-8502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1540 E College Ave, Unit 2 Normal, IL 61761
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