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    Normal, IL Retail Properties & Spaces for Sale

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    Medical-Anchored Multi-Tenant Retail
    Updated: Mar 24
    Medical-Anchored Multi-Tenant Retail

    1531 E College Ave, Normal, IL 61761

    Contact for pricing
    9,120 sqft 0.74 AC lot
    100% fee‑simple interest in a 9,120 SF medical‑anchored, multi‑tenant retail building in Normal, IL
    100% leased property with Fresenius Medical Care occupying 77% of the GLA
    Fresenius operates at the location for over 12 years and extended its lease through 2030
    Located on 32,069 SF of land with 85 feet of frontage along East College Avenue
    Anchor tenant Fresenius Medical Care has a BBB credit rating (Standard & Poor’s)
    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
    Corner Neighborhood Retail Center
    Corner Neighborhood Retail Center

    107 Mall Dr, Normal, IL 61761

    Contact for pricing

    Retail center positioned within a busy commercial area with established tenants and surrounding shopping, dining, and banking uses.

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    See what stands out in McLean County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Cannabis Dispensary Property
    Cannabis Dispensary Property

    501 Northtown Rd, Normal, IL 61761

    Contact for pricing

    Cannabis dispensary asset offered for sale in Normal, Illinois.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 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.

    Four-Unit Building on Empire Street
    Four-Unit Building on Empire Street

    1316 East Empire Street, Bloomington, IL 61701

    $495,000
    2,100 sqft

    Four-unit building with diverse tenants and redevelopment potential.

    View details
    54,429 SF Commercial Property ForSale
    54,429 SF Commercial Property ForSale

    1206 Towanda Ave, Bloomington, IL 61701

    Contact for pricing
    54,429 sqft

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

    View details
    Freestanding Furniture Retail Store
    Freestanding Furniture Retail Store

    1519 N Veterans Pkwy, Bloomington, IL 61704

    Contact for pricing
    19,606 sqft 1.50 AC lot

    Single-tenant retail building occupied by a furniture gallery with a proposed long-term NNN leaseback.

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    Former Post Office Retail Space
    Former Post Office Retail Space

    1209 Towanda Ave, Bloomington, IL 61701

    Contact for pricing
    54,429 sqft

    Retail property with existing tenants and redevelopment potential.

    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 Land with Interstate Visibility
    Commercial Land with Interstate Visibility

    Le Roy, IL 61752

    $100,200
    1.12 AC lot

    COMMR-zoned site near an interstate interchange with regional access to Bloomington-Normal and Champaign-Urbana.

    View details
    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.

    View details

    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 6 retail properties & spaces for sale in Normal, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,610 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 8
    Shopping centers 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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