Property profile

1615 Main St Normal, IL 61761

OFF-MARKET
Commercial real estate
Property ID
US28-1207978
5,519 SF 1.12 ac lot Built 1983
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Total area 5,519 SF
Lot 1.12 ac (48,787 SF)
Zoning code B-1
APN 14-21-126-027
UPID US28-1207978

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
  • Restaurant
  • Restaurant
  • Restaurant Take-out & Catering

Location

1615 Main St Normal, IL 61761-1113
Normal metro Census 108 BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$965k
CAP Approach CAP
$860k
Comparable Approach Comparable
$776k
Blend (final) Blend
$940k

Owner & transaction history

since 2025
Last sale
$992,000
2 recorded transactions
2025
$992,000
2024
$800,000

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
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 1615 Main 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