1700 Fredrick Ln

Normal, IL 61761
  • $499,500

    Price
  • 0

    Bed
  • 0

    Bath
  • 1,883

    SqFt

About the Listing 97004 - 970054,970025

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.

Listing Highlights

Status Active
Days on Site 194
Property Type Business Opportunity
MLS ® 12447236
Year Built
Total Square Footage 1,883
Lot/Acreage 1.01
County McLean

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 43960
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $11,251
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1416378005
  • Tax Year: 2024

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1700 Fredrick Ln Normal, IL 61761

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Originating MLS: mred

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