Renovated Medical Office
New
For Sale
$1,450,000
2005 Jacobssen Dr, Normal, IL 61761
Multi-specialty clinic use, recent upgrades, and a scheduled 3.5% rent escalation in 2027 define the asset.
Property Size11,487 SF
Days on Market2
Property Features for 2005 Jacobssen Dr
General Information
Standard status
Active
Size
11,487 SF
Property subtype
Commercial
Lease Term
±4 Yrs
Net Operating Income
$111,818
Building Details
Building Size
11,487 SF
Year Built
2005
Listing Agency:
Matthews Real Estate Investment Services | Chicago
(314) 920-3004
Listed By:
Noah Grossman · License #475.216591 (IL)
(314) 920-3004
Source:
Matthews
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 5:27AM
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 Matthews Real Estate Investment Services | Chicago
Investment Insights
Based on property information with market context.
This medical office property at 2005 Jacobssen Dr in Normal, Illinois, is anchored by a multi-specialty medical clinic serving varied healthcare needs. Built in 2005, the building has received recent renovations that include modernized interiors, updated systems, and refreshed common areas.
The lease structure includes a scheduled 3.5% rent escalation in 2027. The property is situated within a medical corridor alongside healthcare providers, pharmacies, and specialized treatment centers, creating a concentrated healthcare setting. Its existing medical use and clinic-oriented configuration provide a clear fit for continued healthcare operations.
The lease structure includes a scheduled 3.5% rent escalation in 2027. The property is situated within a medical corridor alongside healthcare providers, pharmacies, and specialized treatment centers, creating a concentrated healthcare setting. Its existing medical use and clinic-oriented configuration provide a clear fit for continued healthcare operations.
Key Highlights
- Multi‑specialty medical clinic anchors the property
- Recent renovation includes modernized interiors, updated systems, and refreshed common areas
- Scheduled 3.5% rent escalation in 2027
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Multi-specialty clinic use, recent upgrades, and a scheduled 3.5% rent escalation in 2027 define the asset.
Where is this medical office space located?
The property is located at 2005 Jacobssen Dr Normal, IL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Multi‑specialty medical clinic anchors the property; Recent renovation includes modernized interiors, updated systems, and refreshed common areas; Scheduled 3.5% rent escalation in 2027
