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    Normal, IL
    Shopping Center

    Normal, IL Shopping Centers for Sale

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    Bloomington, IL Carlock, IL Heyworth, IL
    Retail Center in College Town
    Updated: Sep 12, 2025
    Retail Center in College Town

    314 Towanda Avenue |, Normal, IL 61761

    Contact for pricing
    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.
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    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 10 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 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.

    Streator Shopping Center For Sale
    Streator Shopping Center For Sale

    11 Northpoint Dr, Streator, IL 61364

    $5,800,000
    197,359 sqft

    Large shopping center with significant recent upgrades and high occupancy.

    View details
    Streator Retail Center Investment Opportunity
    Streator Retail Center Investment Opportunity

    1800 North Bloomington Street, Streator, IL 61364

    $5,800,000
    197,359 sqft

    197,359 SF retail center in Streator, Illinois for sale.

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    Retail Strip Center For Sale
    Retail Strip Center For Sale

    2004-2010 N Knoxville Ave, Peoria, IL

    $2,660,000
    24,879 sqft · 1.42 AC lot

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

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    Peoria Retail Center For Sale
    Peoria Retail Center For Sale

    4410 N Knoxville Ave, Peoria, IL 61614

    $2,825,000
    46,620 sqft

    46,620 SF retail center with value-add potential in 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.

    High Profile Commercial Land Available
    High Profile Commercial Land Available

    150 W Courtland Avenue, Morton, IL 61550

    $1,800,000
    3.55 AC lot

    3.55 acres of commercial land with high traffic frontage.

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    Morton Commercial Land For Sale
    Morton Commercial Land For Sale

    150 W COURTLAND Avenue, Morton, IL 61550

    $1,800,000
    3.55 AC lot

    3.55 acre commercial land with high traffic frontage.

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    Commercial Land Near Sports Complex
    Commercial Land Near Sports Complex

    2995 County Road 1400 E, Rantoul, IL 61866

    $563,000
    5.63 AC lot

    5.63 acre commercial development opportunity off Interstate 57.

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    Rantoul Commercial Development Opportunity
    Rantoul Commercial Development Opportunity

    2990 County Road 1400 E, Rantoul, IL 61866

    $4,000,000
    40.00 AC lot

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

    301-309 Veterans Pkwy
    Lifestyle centers

    301-309 Veterans Pkwy, Normal, IL 61761

    Value Estimation by Request
    37,786 sqft
    View details

    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 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

    Commercial property segments ranked by active listings on the market

    Shopping centers 7
    Storefront properties 4
    Banks 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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