Property profile

1208 Adelaide St Normal, IL 61761

OFF-MARKET
Commercial real estate
Property ID
US28-0071299
2,400 SF 0.17 ac lot Built 1965
Individually Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 2,400 SF
Lot 0.17 ac (7,488 SF)
Zoning code M-1
APN 14-33-151-005
UPID US28-0071299

Cap rate & NOI

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

Location

1208 Adelaide St Normal, IL 61761-3314
Normal metro Census 301 BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$105k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k

Owner & transaction history

since 2022
Last sale
$100,000
2 recorded transactions
2022
$100,000
2006
$125,000

Zoning & alternative use

M-1 · Normal, IL
Zoning description

The intent of this M-1 Restricted Manufacturing District is to provide for industrial uses and land uses housed in light industrial types of buildings, all with an absence of objectionable external effects in areas that…

General category INDUSTRIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1208 Adelaide St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message