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    Normal, IL Retail Properties & Spaces for Sale

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    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 Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Normal, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

    54,429 SF Commercial Property ForSale
    54,429 SF Commercial Property ForSale

    1206 Towanda Ave, Bloomington, IL 61701

    $2,600,000
    54,429 sqft

    Commercial property featuring retail spaces, coffee kiosk, and Dollar General.

    View details
    Downtown Storefront with Office Suites
    Downtown Storefront with Office Suites

    320 N Main Street, Roanoke, IL 61561

    $159,900

    Mixed live/work layout with storefront space, private offices, and multiple bathrooms, plus a newer roof installed in 2023.

    View details
    Restaurant Building on 1.1 Acres
    Restaurant Building on 1.1 Acres

    903 IAA Dr, Bloomington, IL

    $1,150,000
    5,484 sqft 1.10 AC lot

    5,484 SF restaurant on 1.1 acres for sale.

    View details
    Versatile Commercial/Residential Building For Sale
    Versatile Commercial/Residential Building For Sale

    406 E COURT Street, Roanoke, IL 61561

    $79,900
    1,820 sqft 0.21 AC lot

    1820 sqft commercial building with residential potential in Roanoke, IL.

    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.

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    Vacant Land Near Interstate
    Vacant Land Near Interstate

    1216 West Market Street, Bloomington, IL 61701

    $35,000

    Vacant land with utilities available near transportation.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    1038 Wylie Drive, Bloomington, IL 61705

    $421,143
    2.31 AC lot

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

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    Commercial Lot in Growing Community
    Commercial Lot in Growing Community

    Le Roy, IL 61752

    $100,200
    1.12 AC lot

    50,100 sq. ft. commercial lot in LeRoy, Illinois.

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    Off-Market Properties in Normal, IL

    Consider similar Off-Market properties in Normal, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1900 College Ave
    Retail properties & Spaces

    1900 College Ave, Normal, IL 61761

    Value Estimation by Request
    View details
    301-309 Veterans Pkwy
    Lifestyle centers

    301-309 Veterans Pkwy, Normal, IL 61761

    Value Estimation by Request
    37,786 sqft
    View details

    Normal, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 3 retail properties & spaces for sale in Normal, IL on our real estate platform. These investment opportunities span a total of 3,490 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for stores in Normal, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — 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

    Shopping centers 5
    Storefront properties 4

    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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