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    2613 Main St Normal, IL 61761

    Sponsored
    For Sale
    $4,213,000

    56 Acres, Ready for Development, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 56-acre commercial land parcel presents a remarkable development opportunity in Normal, Illinois. Located at 2613 N Main St, McLean County (APN 1409100009), this property boasts an advantageous position near major transportation arteries, including easy access to I-55, I-74, and US 51. The asking price is $4,213,000, translating to $75,232.14 per acre. The site benefits from its proximity to numerous established businesses, situated within a rapidly expanding area. A significant advantage is its adjacency to one of Rivian's largest warehouses, providing strong existing infrastructure and commercial presence. This prime location offers developers exceptional potential for a variety of commercial ventures, capitalizing on the area's robust growth and strategic connectivity. The land is currently vacant and ready for immediate development, making it an attractive investment for those seeking a high-impact commercial project in a thriving Illinois market. The property's size and location combine to create a unique opportunity for significant return on investment. The zip code is 61761. The coordinates are 40.5365639 latitude and -88.996036 longitude.

    Property Features for 2613 Main St

    General Information

    Property type
    Land
    Lot Size
    2,439,360 SF

    HighLights

    • Ready for immediate development.
    • Strong tenant base with established businesses.
    • Located in a high‑growth market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Clothing Store Auto Repair Shop Auto Parts Store Kitchen & Bath Garden Center Storage Facility Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Normal
    County
    McLean
    State
    Illinois
    Longitude
    -88.996036
    Latitude
    40.5365639

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    FAQs

    What type of property is this?
    Land - 56 Acres, Ready for Development, Excellent Location
    Where is this land located?
    The property is located at 2613 Main St Normal, IL.
    What is the asking price?
    The asking price for this property is $4,213,000.
    What are key features of this property?
    This property features: Ready for immediate development.; Strong tenant base with established businesses.; Located in a high-growth market.
    (309) 663-7653
    Request Owner's contact information
    2613 Main St Normal, IL 61761
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    Normal, IL 61761
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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
    2613 Main St Normal, IL 61761
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