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420 Wylie Drive Normal, IL $ 3,075,000
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$ 3,075,000 Get more info
420 Wylie Drive
$ 3,075,000
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Share Save

420 Wylie Drive

Normal, IL, 61761
$ 3,075,000
Baths0.0 Sq 62,317

Monthly Estimate*

$ 20,437

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Studio

Commercial Property for sale in Normal, IL

for $3,075,000. This 62,317 square foot building was built in 1995 on a lot size of 12.9.

Fully leased Investment Sale with a 10.74% cap rate! NOI = $330,315. Consists of two tenants, ACC Electronix and Greater Love Church, in 62,317 sq. ft. at the Crossroads Center. Tons of parking in this repurposed outlet mall, where many condos are owner occupied, including CI Shooting Sports, YouthBuild, and the Vineyard Church. Signage visible from I-55. Includes Parcels 14-31-303-007; -016; -017; -018; -019; -020; -021; -022; and -023.

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Commercial Active

Price

$ 3,075,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 66,981

Style

Lot Size

12.9

Year Built

1995

Town/City

Normal

County/Region

McLean

MLS | Web ID

11887953
Features
General
Cooling Central Air
Zoning COMMR
Year Built 1995
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Janitorial Service Sewer
Stories 1
Property SubType Condominium
Tax Year 2022
Gross Income 516324
County McLean
Net Operating Income 330315
Operating Expense 186010
Property Type Commercial Sale Office/Tech
Status Active
Directions Market St./Route 9 to North on Wylie Drive to Crossroads Center.
City Normal
MLS Area Normal
Lot Size Square Feet 561924
Street Name Wylie
Tax Annual Amount 66981
Additional Parcels Y/N Y
Leasable Area 0
Days on Market 227
Standard Status Active
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Exterior
Building Area Total 62317
Lot Dimensions 685X220X770X380X1210X580X250
Lot Size Acres 12.9
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Interior
Street Suffix Drive
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* Excluded Features
List By
Axis 360 Llc*

Broker

lpritts@axis360.co

Email

Affordability Calculator

$26,019
Per Month
79%
21%
0%
Monthly Principal & Interest
$20,437
Monthly Property Taxes
$5,582
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/24/2024$3,075,000 -8.21% Price Down
9/21/2023$3,350,000 Listed Price

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420 Wylie Drive, Normal, IL, 61761 is a Commercial Property for sale at $3,075,000 with 62,317 sqft and a lot size of 12.9. 420 Wylie Drive is a studio with 0.0 baths and was built in 1995. The property's zip code is 61761 which is in Normal, IL

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