Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Beds
2,724 sqft

$692,000

1501 N Main Street, Normal IL, 61761

Price per sqft$254.04
Built in1971
Property size2,724 sqft
Property typeCommercial
Listed by Driss Assis with HomeSmart Realty Group Illinois 309-531-4774

Overview

Active

Price Change

Listed Sep 17, 2026

Updated 43h ago

Prime Commercial Opportunity Near Illinois State University & Heartland Community College. Exceptional turn-key commercial property in a high-visibility, signalized corner location with outstanding traffic exposure. Strategically positioned on Main Street and just moments from Interstate 55, this extensively remodeled building offers exceptional accessibility and visibility. The property is conveniently located near both Illinois State University and Heartland Community College, providing access to a large and diverse customer base of students, faculty, residents, commuters, and visitors. The property features a fully equipped commercial kitchen and restaurant equipment updated in 2023, making it an excellent opportunity for restaurant operators, caterers, food service businesses, or investors seeking a ready-to-operate facility. Recent improvements include attractive tile flooring, updated restrooms, a large walk-in cooler, walk-in freezer, newer roof, HVAC systems, furnace, and air handling equipment. Surrounded by established residential neighborhoods, apartment communities, parks, and recreational amenities, this location benefits from strong daily traffic and excellent visibility. Fairview Park and the community swimming pool are just moments away, generating additional seasonal activity and foot traffic. Easy access to Interstate 55 further enhances the property's appeal by capturing both local and regional traffic. Sale includes the land, building, furniture, fixtures, and restaurant equipment. The existing business, trade name, goodwill, inventory, and business operations are NOT included in the sale and are not for sale. Whether you're expanding an existing operation, launching a new concept, or investing in a highly desirable commercial corridor, this property offers exceptional value, location, and long-term potential. Showing Requirements: Out of respect for the ongoing business operations, showings are by appointment only. Only serious, qualified buyers will be considered. Proof of funds or lender pre-approval must be provided prior to scheduling a showing. Please do not disturb employees, ownership, or business operations. Rare opportunity to acquire a well-maintained, fully equipped commercial property in one of Bloomington-Normal's most accessible and highly visible commercial locations.

Additional information

MLS® ID
12762145

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.39 Acres

Other Property Details

Taxes
$8,157
Tax Frequency
Annually
MLS provider logo

Listed by Driss Assis with HomeSmart Realty Group Illinois 309-531-4774

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Ron Ehlers are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 10/8/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

©2026 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data is refreshed every 3 hours. Listing last updated 6:54 AM UTC on 10/8/2026. 

DMCA Notice

 

 

Powered by Luxury Presence