Property profile

1700 Putnam Ave 1724 Normal, IL 61761

OFF-MARKET
Commercial land
Property ID
US28-3210791
351,360 SF 8.4 ac lot Built 2007
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 2007
Total area 351,360 SF
Lot 8.4 ac (365,904 SF)
Zoning code R-3A
APN 14-20-100-012
UPID US28-3210791

Cap rate & NOI

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

Location

1700 Putnam Ave, Unit 1724 Normal, IL 61761-7524
Normal metro Census 108 BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.76M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.20M

Owner & transaction history

since 2022
Last sale
$5.9M
3 recorded transactions
2024
Price N/A
2022
$5.9M
2018
$9.3M

Zoning & alternative use

R-3A · Normal, IL
Zoning description

The intent of this R-3A Residence District is to facilitate the development of residential districts for primarily multiple family residences, which may generally serve as a zone of transition between non residential dis…

General category RESIDENTIAL

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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