Property profile

120 Mcknight Dr Normal, IL 61761

OFF-MARKET
Commercial real estate
Property ID
US28-3411383
3.82 ac lot
Entity Owned 8-yr Hold
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.82 ac (166,399 SF)
Zoning code B-1
APN 14-16-404-005
UPID US28-3411383

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

120 Mcknight Dr Normal, IL 61761-1019
Normal metro Census 108 BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2018
7 recorded transactions
2024
Price N/A
2023
Price N/A
2023
Price N/A
2021
Price N/A
2019
Price N/A
2018
Price N/A
2017
$400,000

Zoning & alternative use

B-1 · Normal, IL
Zoning description

The intent of this B-1 General Business District is to provide for certain types of commercial activities that have a functional relationship to the major street system, and in some instances, an economic relationship to…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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