Shopping Center

Normal, IL Shopping Centers for Sale

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Bloomington, IL Hudson, IL Danvers, IL Carlock, IL Heyworth, IL Downs, IL Lexington, IL Stanford, IL
Medical-Anchored Multi-Tenant Retail
Updated: Mar 24
Medical-Anchored Multi-Tenant Retail

1531 E College Ave, Normal, IL 61761

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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)
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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 7 Potential Opportunities for your consideration. Besides 1 Active listings in Normal, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

Retail Shopping Plaza with 28 Suites
Retail Shopping Plaza with 28 Suites

2910-2996 Court Street, Pekin, IL 61554

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59,982 sqft 5.45 AC lot

Fee-simple shopping plaza with 28 retail suites on two buildings and strong commuter-corridor frontage.

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Shopping Center with Ample Parking
Shopping Center with Ample Parking

1603 Morrissey Dr, Bloomington, IL 61704

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23,181 sqft

Shopping center with great visibility from Veterans Parkway and ample parking, with recent upgrades to the property and lot.

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Strip Mall Retail Center
Strip Mall Retail Center

1611-1619 Valle Vista Boulevard, Pekin, IL 61554

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Established strip shopping center with multiple current tenants and a fenced outside storage area.

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Retail Pad Site Shopping Center
Retail Pad Site Shopping Center

1701 E Empire St, Bloomington, IL 61704

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2.13 AC lot

Corner pad site available for sale within Bloomington Commons, with major tenants including Texas Roadhouse and Olive Garden.

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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.

B-3 Commercial Land
B-3 Commercial Land

150 W COURTLAND Avenue, Morton, IL 61550

$1,800,000
3.55 AC lot

Level commercial land with B-3 zoning and public sewer service.

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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.

301-309 Veterans Pkwy
Lifestyle centers

301-309 Veterans Pkwy, Normal, IL 61761

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37,786 sqft
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Normal, IL Shopping Centers Market Trends and Statistics

Explore 2 shopping centers for sale in Normal, IL on our real estate platform. These investment opportunities span a total of 9,120 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 7
Shopping centers 3

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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