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1700 Fredrick Lane

Normal, IL 61761
  • $499,500
  • STATUS: Active
  • MLS #: 12447236
UPDATED: 144 min ago
$499,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Prime 0.95 Acre Commercial Site | 31,100 VPD | B-1 Zoning | Highway Frontage & Interstate Access. High-visibility commercial site directly off Highway 51 with approximately 31,100 vehicles per day. This 0.95-acre parcel offers 440 feet of frontage along Main Street and 495 feet along Frederick Lane, with two access points and corner signage visibility. Direct interstate access and strong traffic counts make this a high-exposure location along one of Normal's busiest commercial routes. Surrounded by hotels, national retailers, and student housing, the site sits in an active commercial cluster with steady customer flow. Minutes from Illinois State University, Illinois Wesleyan, Heartland Community College, and Rivian's expanding operations, the location benefits from steady university traffic, interstate travelers, and local residential activity. The parcel includes excess land, providing flexibility for building expansion, reconfiguration, additional parking, or full site redesign to accommodate a wide range of uses. Zoned B-1 General Commercial, the site is well-positioned for retail, restaurant, medical, office, or mixed-use concepts. Current tenants may continue operating the existing business, allowing a new owner to generate income during the planning and entitlement phase.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate.

Based on information submitted to the MLS GRID as of 2026-03-07T21:05:01.02 UTC. 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.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1700 Fredrick Lane Normal, IL 61761

  • Price: $499,500
  • Status: Active
  • On Site: Days
  • Updated: 144 min ago
  • MLS #: 12447236
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Mclean
County:
Mclean
Area:
Mclean
Property Description
Prime 0.95 Acre Commercial Site | 31,100 VPD | B-1 Zoning | Highway Frontage & Interstate Access. High-visibility commercial site directly off Highway 51 with approximately 31,100 vehicles per day. This 0.95-acre parcel offers 440 feet of frontage along Main Street and 495 feet along Frederick Lane, with two access points and corner signage visibility. Direct interstate access and strong traffic counts make this a high-exposure location along one of Normal's busiest commercial routes. Surrounded by hotels, national retailers, and student housing, the site sits in an active commercial cluster with steady customer flow. Minutes from Illinois State University, Illinois Wesleyan, Heartland Community College, and Rivian's expanding operations, the location benefits from steady university traffic, interstate travelers, and local residential activity. The parcel includes excess land, providing flexibility for building expansion, reconfiguration, additional parking, or full site redesign to accommodate a wide range of uses. Zoned B-1 General Commercial, the site is well-positioned for retail, restaurant, medical, office, or mixed-use concepts. Current tenants may continue operating the existing business, allowing a new owner to generate income during the planning and entitlement phase.
Exterior Features

Lot Size 1.0-1.99 Acres

Interior Features

Cooling Central Air Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2024 Annual Rent For Real Estate 0 Building Area Total 1883 Business Age Unknown Business Type Restaurant Corporate Limits Normal Gross Profit Year 2024 Gross Sales Annual 0 Gross Sales Annual Year 2024 Mls Actual Status Active Operating Expense 0 Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipment Tax Annual Amount 11250.8 Tax Year 2024 Type Bus / Bus w/Real Est Type Of Lease Other (See Remarks) Zoning COMMR

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of BHHS Central Illinois, REALTORS: .



© 2026 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate.

Based on information submitted to the MLS GRID as of 2026-03-07T21:05:01.02 UTC. 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.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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