Individually Owned Property summary
This exceptional 6,000-square-foot industrial building in Normal, Illinois, presents a versatile opportunity for businesses seeking flexible space. Built in 2004, this single-story structure features three drive-in bays—two measuring 12x12 feet and one expansive 14x12-foot bay—providing convenient access for trucks and equipment. The building is currently entirely vacant and offers the potential for multiple tenants or a single large occupant. The interior layout includes two offices and two bathrooms, catering to diverse operational needs. Each unit is equipped with an oil separation drain, making it particularly suitable for automotive or manufacturing businesses. The property's flexible design allows for division into three smaller units, offering customizable solutions to match specific business requirements. Located at 1214 S. Adelaide St., Normal, IL 61761, this property offers easy access and ample space for growth. The building's single-story design and multiple drive-in bays ensure efficient loading and unloading, while the included office and bathroom spaces provide a comfortable and functional workspace. This is an ideal location for businesses seeking a combination of warehouse, manufacturing, and office space. The property's adaptability makes it a prime choice for a variety of industrial uses.
Property profile
VerifiedCap rate & NOI
Current use
-
General Contractor Construction Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Normal, ILThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-1 in Normal, IL.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
