Financial
Distress signals
Property profile

614 W Raab Rd Normal, IL 61761

FOR SALE
Commercial real estate
Property ID
US28-1855706
3,490 SF 0.98 ac lot Built 1999
Last sale Dec 2025 · $975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$261k
Assessed land$75k
Assessed improvement$186k
Effective rate8.56%

Value estimate

· Sep 2026
$360k
$324k – $396k

Realmo valuation models over county records and 7 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 comparables7

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 agency19.6
Building Supply15.8
Dental Office14.2

Location

614 W Raab Rd Normal, IL 61761
County assessor Recorded deeds · 3 transfers 7 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
1615 Main, Normal, IL 61761-1113 $992,000 Mar 2025 5,519 SF
1211 Warriner, Normal, IL 61761-3334 $420,000 Mar 2025 6,480 SF
215 Greenbriar, Normal, IL 61761-2287 $420,000 Dec 2024 3,193 SF
1601 College, Normal, IL 61761-2496 $3,000,000 Dec 2024 5,324 SF
1523 Ft Jesse, Normal, IL 61761-2103 $525,000 Oct 2024 2,518 SF
2150 College, Normal, IL 61761-2372 $178,000 Aug 2024 4,000 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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