Property profile

1604 Visa Dr 1 Normal, IL 61761

OFF-MARKET
Commercial real estate
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Property ID
US28-2348532
1,762 SF 0.44 ac Built 1980
Last sale Aug 2024·$150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 1,236 square foot office condo, located at 1604 Visa Drive, Suite 2, Normal, IL 61761, presents a fantastic opportunity for owner-occupants. The property, built in 1980, is classified as a Class B building and sits on a single story. The flexible space is ideal for a variety of uses, including traditional, medical, or creative office settings. The suite boasts the potential for up to six private offices, a convenient waiting area, and a kitchenette. A private en-suite…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$55k
Assessed land$14k
Assessed improvement$41k
Effective rate8.56%

Value estimate

· Nov 2026
$270k
$243k – $297k
AI approach$270k

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 agency14.7
Law Firm12.8
Parking Facility10.1

Location

1604 Visa Dr, Unit 1 Normal, IL 61761-2195
County assessor Recorded deeds · 2 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
614 Raab, Normal, IL 61761-4101 $975,000 Dec 2025 3,490 SF
302 Greenbriar, Normal, IL 61761-2278 $1,440,000 Jun 2025 1,490 SF
1305 Madison, Normal, IL 61761-3431 $120,000 Mar 2025 1,770 SF
215 Greenbriar, Normal, IL 61761-2287 $420,000 Dec 2024 3,193 SF
1523 Ft Jesse, Normal, IL 61761-2103 $525,000 Oct 2024 2,518 SF
420 Wylie, Normal, IL 61761-5405 $55,000 Aug 2024 1,044 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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