Property profile

1600 Main St Normal, IL 61761

OFF-MARKET
Commercial real estate
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Property ID
US28-5145171
37,892 SF 2.14 ac Built 1974
Last sale Sep 2024·$1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$36k
Tax billed · 2023
Assessed value$416k
Assessed land$203k
Assessed improvement$213k
Effective rate8.56%

Value estimate

· Nov 2026
$1.65M
$1.49M – $1.82M
AI approach$1.65M
Submarket $/SF estimate$1.79M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 136 recorded sales of this use type
Observed band · Q1–Q3$47 – $141
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
The intent of this B-1 General Business District is to provide for certain types of commercial activities that have a functional relation...
General categoryCOMMERCIAL
JurisdictionMCLEAN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.1
Building Supply18.6
Dental Office17.7

Location

1600 Main St Normal, IL 61761-1114
County assessor Recorded deeds · 4 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
309 Veterans, Normal, IL 61761-7600 $27,150,000 Jan 2026 123,016 SF
1324 Ft Jesse, Normal, IL 61761-1869 $475,000 May 2025 41,648 SF
202 Linden, Normal, IL 61761-3004 $1,260,000 May 2025 8,465 SF
414 Northtown, Normal, IL 61761-4743 $1,250,000 Mar 2025 21,120 SF
2024 Eagle, Normal, IL 61761-1457 $65,000 Jan 2025 29,400 SF
1702 College, Normal, IL 61761-2768 $575,000 Jan 2025 10,251 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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