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    Normal, IL Shopping Centers for Sale

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    Bloomington, IL Hudson, IL Carlock, IL
    Retail Center in College Town
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    Retail Center in College Town

    314 Towanda Avenue |, Normal, IL 61761

    144,555 SF shopping center in Bloomington-Normal, Illinois.

    • Market dominant shopping, service, and dining destination.
    • Anchored by Hobby Lobby and shadow anchored by Target, Von Maur, and Crunch Fitness.
    • Located in the Central Illinois “college town” market of Bloomington‑Normal.
    • 144,555 square foot community town center.
    • Strategically located at the southwest quadrant of Veterans Parkway (Old Route 66) and East College Avenue.
    Updated: Sep 12, 2025
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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Normal, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

    Bloomington Retail Property For Sale
    $2,600,000
    54,429 SF

    Bloomington Retail Property For Sale

    Former post office with Dollar General and other tenants.

    1209 Towanda Avenue, Bloomington, IL 61701
    View details
    Retail Property with Ample Parking
    $900,000
    23,181 SF

    Retail Property with Ample Parking

    Retail property featuring recent upgrades and high visibility.

    1603 Morrissey Dr, Bloomington, IL
    View details
    Retail Strip Center For Sale
    $2,660,000
    24,879 SF

    Retail Strip Center For Sale

    23,856 SF retail strip center anchored by national tenants.

    2004-2010 N Knoxville Ave, Peoria, IL
    View details
    Three-Tenant Strip Center For Sale
    $899,000
    6,119 SF

    Three-Tenant Strip Center For Sale

    6,119 SF strip center on 0.84 acres, renovated in 2016.

    2014-2016 N Knoxville Ave, Peoria, 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.

    Commercial Land Near Sports Complex
    $563,000
    5.63 Acres

    Commercial Land Near Sports Complex

    5.63 acre commercial development opportunity off Interstate 57.

    2995 County Road 1400 E, Rantoul, IL 61866
    View details
    Rantoul Commercial Development Opportunity
    $4,000,000
    40.00 Acres

    Rantoul Commercial Development Opportunity

    40-acre commercial land near I-57 in Rantoul, Illinois.

    2990 County Road 1400 E, Rantoul, IL 61866
    View details
    Prime Commercial Land I-55 Access
    $550,000
    1.63 Acres

    Prime Commercial Land I-55 Access

    1.63 acre commercial land near I-55 in Springfield, IL.

    6000 S 6th Street Frontage Road, Springfield, IL 62702
    View details
    Yorkville Commercial Land on Rt. 47
    $2,000,000
    3.68 Acres

    Yorkville Commercial Land on Rt. 47

    3.68 acre commercial property on Rt. 47 in Yorkville.

    1015 N Bridge Street, Yorkville, IL 60560
    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.

    1447 Sheridan Rd

    1447 Sheridan Rd

    MINI-MALL • 0.24 Acres
    Value Estimation by Request
    1447 Sheridan Rd, Wilmette, IL 60091
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    1515 Sheridan Rd

    1515 Sheridan Rd

    MINI-MALL • 1.62 Acres
    Value Estimation by Request
    1515 Sheridan Rd, Wilmette, IL 60091-1822
    View details
    1705 10th St

    1705 10th St

    MINI-MALL • 0.66 Acres
    Value Estimation by Request
    1705 10th St, Wilmette, IL 60091
    View details
    3232 Lk Ave

    3232 Lk Ave

    MINI-MALL • 5.60 Acres
    Value Estimation by Request
    3232 Lk Ave, Wilmette, IL 60091-1073
    View details
    3232 Lk Ave

    3232 Lk Ave

    MINI-MALL • 6.90 Acres
    Value Estimation by Request
    3232 Lk Ave, Wilmette, IL 60091-1073
    View details
    3232 Lk Ave

    3232 Lk Ave

    MINI-MALL • 7.22 Acres
    Value Estimation by Request
    3232 Lk Ave, Wilmette, IL 60091-1073
    View details
    301-309 Veterans Pkwy

    301-309 Veterans Pkwy

    Lifestyle centers • 37,786 SF
    Value Estimation by Request
    301-309 Veterans Pkwy, Normal, IL 61761
    View details
    911-929 Ridge Rd

    911-929 Ridge Rd

    Shopping centers • 22,765 SF
    Value Estimation by Request
    911-929 Ridge Rd, Wilmette, IL 60091
    View details

    Normal, IL Shopping Centers Investment Opportunities Market Analysis

    Explore 9 shopping centers for sale in Normal, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for plazas 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

    Shopping centers 6
    Storefront properties 2

    Property Size Breakdown

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

    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 sq ft
    Average Loan-to-Value 65.0%

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