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    Normal, IL Restaurants for Sale

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    Bloomington, IL Hudson, IL Danvers, IL Carlock, IL Heyworth, IL Downs, IL Lexington, IL Stanford, IL
    Two-Tenant Corner Retail Restaurant
    Updated: Apr 11
    Two-Tenant Corner Retail Restaurant

    1601 E College Ave, Normal, IL 61761

    Contact for pricing
    5,311 sqft
    5,311 SF two‑tenant retail restaurant property offered with 100% fee interest
    100% occupied by Chipotle and Blaze Pizza
    Chipotle secured a 10‑year extension
    Premier corner location at Veterans Parkway and College Avenue in Bloomington‑Normal, IL
    View details
    Steak 'n Shake Investment Opportunity
    Updated: Apr 22, 2025
    Steak 'n Shake Investment Opportunity

    614 W Raab Rd, Normal, IL

    Contact for pricing
    3,490 sqft 0.98 AC lot
    Absolute NNN lease - ideal for passive investors with zero landlord responsibilities.
    Corporate signed Steak 'n Shake with drive‑thru.
    Lease recently extended through March 2027.
    Located in Normal, IL.
    Fee simple interest (land and building ownership).
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Normal, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Irish-Themed Bar and Office
    Turnkey Irish-Themed Bar and Office

    523 North Main Street, Bloomington, IL 61701

    $350,000
    2,500 sqft

    Operational Irish-themed bar with an upstairs room suitable for office use or rental, zoned D-2 for retail and/or restaurant ventures.

    View details
    Fully Equipped Restaurant Space
    Fully Equipped Restaurant Space

    616 W Van Buren Street, Clinton, IL 61727

    $399,900
    0.60 AC lot

    Central air and COMMR zoning support a ready-to-operate restaurant space with included equipment.

    View details
    Drive-Thru Coffee NNN Lease
    Drive-Thru Coffee NNN Lease

    502 IAA Dr, Bloomington, IL 61701

    Contact for pricing
    986 sqft

    Absolute NNN drive-thru leased to Dutch Bros on a 15-year term with scheduled rent increases.

    View details
    Equipped Restaurant Property
    Equipped Restaurant Property

    616 W Van Buren Street, Clinton, IL 61727

    Contact for pricing

    Existing restaurant equipment is included with the commercial restaurant property.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Normal, IL
    Land For Sale, Normal, IL

    Susan Drive lot: 21, Normal, IL 61761

    $375,000
    1.37 AC lot

    1.37 acre commercial land available in Normal, Illinois.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    1038 Wylie Drive, Bloomington, IL 61705

    Contact for pricing
    2.31 AC lot

    2.31-acre commercial site in a high-growth Bloomington-Normal market.

    View details
    Commercial Lot in Growing Community
    Commercial Lot in Growing Community

    Le Roy, IL 61752

    $76,250
    0.70 AC lot

    Commercial lot in LeRoy, IL, near Interstate 74.

    View details
    Commercial Lot in Growing Community
    Commercial Lot in Growing Community

    Le Roy, IL 61752

    $127,200
    1.46 AC lot

    Commercial lot in LeRoy, IL, near Interstate 74.

    View details

    Normal, IL Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Normal, IL on our real estate platform. These investment opportunities span a total of 8,801 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Commercial kitchens 1
    Drive through restaurants 1

    Demographics Overview

    Population 53K
    Population Growth (5Y) -3.3%
    Median Household Income $66,642
    College Educated 35.5%

    Taxes & Financing

    Tax Rate (average for all types) 8.55%
    Property Tax per SF $81.93 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLean County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Normal fall within the 100,000+ square foot range.

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