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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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See what stands out in McLean County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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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.

Truck Terminal with Industrial Site
Truck Terminal with Industrial Site

710 High Point Ln, East Peoria, IL 61611

$700,000
3,750 sqft 4.58 AC lot

Absolute NNN investment with a corporate-guaranteed lease and specialized fleet-use improvements.

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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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Drive-Thru Coffee NNN Lease
Drive-Thru Coffee NNN Lease

502 IAA Dr, Bloomington, IL 61701

Contact for pricing
986 sqft

Absolute NNN drive-thru leased to Dutch Bros on a 15-year term with scheduled rent increases.

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Freestanding Furniture Retail Store
Freestanding Furniture Retail Store

1519 N Veterans Pkwy, Bloomington, IL 61704

Contact for pricing
19,606 sqft 1.50 AC lot

Single-tenant retail building occupied by a furniture gallery with a proposed long-term NNN leaseback.

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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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