Office Unit with Private
New
For Sale
Contact for pricing
1314 Fort Jesse Road # C, Normal, IL 61761
A furnished-feeling office setup includes central heating and air conditioning, tile flooring, and designated parking.
Property Size1,100 SF
Price / SF$0.71
Days on Market3
Property Features for 1314 Fort Jesse Road # C
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Retail/Stores
Zoning
COMMR
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$20,407
Amenities
central heat and air Conditioning
Private Restroom
Advertising available on frontage road
Tile
Municipal Water
City Street
1.29 ACRE
Building Details
Year Built
1980
Stories
1
Listing Agency:
BHHS Central Illinois, REALTORS
(309) 808-2125
Listed By:
Gage Juarez
Source:
Core3re
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Central Illinois, REALTORS
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Investment Insights
Based on property information with market context.
This 1,100-square-foot office unit has central heat and air conditioning, a private restroom, and tile flooring. The building dates to 1980, and the property is identified as 1.29 acres with municipal water and COMMR zoning.
Located on Fort Jesse Road in Normal, the property offers designated parking and frontage-road advertising availability.
Located on Fort Jesse Road in Normal, the property offers designated parking and frontage-road advertising availability.
Key Highlights
- 1,100‑square‑foot office unit
- Private restroom and central heat and air conditioning
- Tile flooring and designated parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,167
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,340
$263.3K
Cap Rate 7%
$188,100
$188.1K
Cap Rate 9%
$146,300
$146.3K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$23.1K $21.00/SF
− Vacancy
−$5.5K −$5.04/SF
EGI
$17.6K $15.96/SF
− OpEx
−$4.4K −$3.99/SF
NOI
$13.2K $11.97/SF
Area
McLean County, IL
Vacancy
24.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,340
Cap Rate 7%
$188,100
Cap Rate 9%
$146,300
Alternative Uses
Best Use
Office B
$188.1K
$164.6K – $219.5K
NOI $13,167 @ 7.0% cap · market cap 1,690.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$229.3K
$200.6K – $267.5K
NOI $16,051 @ 7.0% cap · market cap 2,060.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
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Business Placement
Demographics for 61761, IL
53,045
Population
22,037
Households
2.4
Avg Household Size
28
Median Age
52%
College-Educated
98%
High-School Grad
42.6 sq mi
ZIP Area
1,245
Density / Sq Mi
$66,642
Median Household Income
$28,606
Median Earnings
$976
Median Rent
$200,900
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A furnished-feeling office setup includes central heating and air conditioning, tile flooring, and designated parking.
Where is this office unit located?
The property is located at 1314 Fort Jesse Road # C Normal, IL.
What are key features of this property?
This property features: 1,100‑square‑foot office unit; Private restroom and central heat and air conditioning; Tile flooring and designated parking
