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Normal, IL NNN Properties for Sale

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Steak 'n Shake Investment Opportunity
Updated: Apr 22, 2025
Steak 'n Shake Investment Opportunity

614 W Raab Rd, Normal, IL

Contact for pricing
3,490 sqft 0.98 AC lot
Absolute NNN lease - ideal for passive investors with zero landlord responsibilities.
Corporate signed Steak 'n Shake with drive‑thru.
Lease recently extended through March 2027.
Located in Normal, IL.
Fee simple interest (land and building ownership).
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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.

Drive-Through Coffee Shop with NNN Lease
Drive-Through Coffee Shop with NNN Lease

111 West Washington Street, East Peoria, IL 61611

$2,083,333
510 sqft 1.16 AC lot

Brand-new 7 Brew Coffee with a drive-thru and long-term NNN ground lease with approximately 10 years remaining.

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Eight-Building Industrial Commerce Park
Eight-Building Industrial Commerce Park

125 Thunderbird Lane, East Peoria, IL 61611

$8,750,000
146,214 sqft 12.32 AC lot

Small- to mid-bay industrial park with diversified tenants and 36 leased suites across eight buildings.

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Peoria NNN Leased Investment Opportunity
Peoria NNN Leased Investment Opportunity

1715 W Alta Rd, Peoria, IL 61615

$1,150,000
14,725 sqft

14,725 SF NNN leased early education asset for sale.

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All-Brick Two-Story Riverfront Building
All-Brick Two-Story Riverfront Building

330 SW Water Street, Peoria, IL 61601

Contact for pricing
0.09 AC lot

Two-story all-brick building with extensive outdoor decking overlooking the water and a nearby public boat dock.

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Normal, IL Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Normal, IL on our real estate platform. These investment opportunities span a total of 3,490 square feet of properties for sale.

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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 25,000 to 50,000 square foot range.

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