Restaurants

Normal, IL Restaurants for Sale

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Bloomington, IL Hudson, IL Carlock, IL Danvers, IL Heyworth, IL Downs, IL Lexington, IL Ellsworth, IL
Turn-Key Restaurant Opportunity
Updated: May 4
Turn-Key Restaurant Opportunity

1700 Fredrick Ln, Normal, IL 61761

Contact for pricing
1,883 sqft
Offered as a turn‑key restaurant business in a retail area near interstates.
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Remodeled Restaurant With Commercial Kitchen
Updated: Sep 18
Remodeled Restaurant With Commercial Kitchen

1501 N Main Street, Normal, IL 61761

$725,000
Commercial kitchen and restaurant equipment updated in 2023
Sale includes land, building, furniture, fixtures, and restaurant equipment
Signalized‑corner location on N Main Street in Normal, IL
Near Illinois State University and Heartland Community College
Walk‑in cooler, walk‑in freezer, updated restrooms, and tile flooring
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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.

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Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Sq, Washington, IL 61571

$4,900,000
10,510 sqft

Renovated hospitality and residential spaces combine restaurant, brew pub, rooftop, and short-term rental uses.

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Multi-Story Retail and Office Building
Multi-Story Retail and Office Building

217 W JEFFERSON ST, Bloomington, IL 61701

Contact for pricing
20,240 sqft

First floor is leased to an arcade bar, with additional space available on the second floor and other floors leased.

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Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Square, Washington, IL 61571

$4,900,000
0.11 AC lot

Brick downtown property combines restaurant, brew pub, rooftop bar, and four short-term rental units.

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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.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

1038 Wylie Drive, Bloomington, IL 61705

$650,000
2.31 AC lot

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

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Commercial Land Near Interstate Access
Commercial Land Near Interstate Access

Le Roy, IL 61752

$76,250
0.70 AC lot

Commercially zoned parcel with Interstate 74 proximity and exit-ramp visibility.

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Commercial Land Near Interstate Access
Commercial Land Near Interstate Access

Le Roy, IL 61752

$127,200
1.46 AC lot

Commercial lot with visibility from Interstate 74 and its exit ramp.

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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 1,883 square feet of properties for sale, with an estimated market value of $725,000.

Sale prices for restaurant properties in Normal, IL average $725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 5
Commercial kitchens 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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