Technical
Financial
Distress signals
Property profile

1532 College Ave Normal, IL 61761

OFF-MARKET
Commercial real estate
Property ID
US28-5740359
2,848 SF 0.48 ac lot Built 2005
Individually Owned 21-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 2,848 SF
Lot 0.48 ac (20,909 SF)
Zoning code B-1
APN 14-26-176-017
UPID US28-5740359

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop
  • Atm
  • Auto Repair Shop

Location

1532 College Ave Normal, IL 61761-2120
Normal metro Census 504 BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2005
1 recorded transaction
2005
$250,000

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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