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420 Wylie Drive, Normal, IL 61761
$3,075,000
420 Wylie Drive, Normal, IL 61761View this property at 420 Wylie Drive, Normal, IL 61761
420 Wylie DriveNormalIL61761
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Property Description
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.
Full Property Details
Full Property Details for 420 Wylie Dr
General
- Price: $3,075,000
- Taxes: $66,981 (2022)
- Status: Active
- Type: Commercial Residential Facility
- MLS ID: 11887953
- Updated: 5/4/2024
- Added to Site: 247 day(s) ago
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Normal
- County: McLean
- Driving Directions: Market St./Route 9 to North on Wylie Drive to Crossroads Center.
- Location Details: Central Illinois
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 62,317
- Year Built: 1995
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Acres): 12.9
- Lot Size (Sq. Ft.): 561,924
- Lot Dimensions: 685 x 220 x 770 x 380 x 1210 x 580 x 250
- Zoning: B1
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $186,010
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1995
- Tax Amount: $66,981
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Sewer
Disclosures and Reports
- Property ID: 1431403001
Listed by Axis 360 Llc*
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Schools
Schools serving 420 Wylie Dr
School District:McLean County Unit School District 5
Rating | Name | Grades | Distance |
---|---|---|---|
3910 Timberwolf Trl, Bloomington, IL 61705 | K-5 | 4.1 mi | |
101 N Parkside Rd, Normal, IL 61761 | 6-8 | 1.3 mi | |
501 N Parkside Rd, Normal, IL 61761 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 420 Wylie Dr
Date
Details
Price
Change
Source
4/24/2024
Price Reduced
$3,075,000
-8.21%
MLS
9/21/2023
Listed
$3,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 420 Wylie Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,027
5%
$140,524
11%
2022
$11,404
4%
$126,952
6%
2021
$11,015
1%
$119,777
1%
2020
$10,954
4%
$118,533
1%
2019
$10,583
100%
$117,896
100%
2017
100%
100%
2016
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 420 Wylie Dr
420 Wylie Drive, Normal, IL 61761 (MLS# 11887953) is a Commercial Residential Facility property. 420 Wylie Drive is currently listed for $3,075,000 and was received on September 21, 2023. Want to learn more about 420 Wylie Drive? Do you have questions about finding other Commercial Residential Facility real estate for sale in Normal? You can browse all Normal real estate or contact a Coldwell Banker agent to request more information.