Property profile

1712 College Ave Normal, IL 61761

OFF-MARKET
Commercial real estate
Property ID
US28-2491474
5,098 SF 0.62 ac lot Built 1996
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1996
Total area 5,098 SF
Lot 0.62 ac (27,007 SF)
Zoning code B-1
APN 14-26-251-006
UPID US28-2491474

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
  • (Bike/Boat/Book/etc) Store

Location

1712 College Ave Normal, IL 61761-2167
Normal metro Census 504 BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
$795k
Comparable Approach Comparable
$717k
Blend (final) Blend
$350k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2019
Price N/A

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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