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409 N Kays Dr, Normal, IL, 61761

Former Daycare
$1,680,000

Key Information

Tot. SF
12,000
Lot Size
0.82 Acres
Type
Retail

Highlights

  • 12,000 SF Building – Available for Sale or Lease: This standalone building offers flexibility for investors, owner-users, or tenants seeking a rare opportunity within the Bloomington-Normal market.
  • Versatile Zoning: The property is zoned for commercial use and is well suited for many types of users.
  • Former Daycare Facility with Functional Improvements: Purpose-built layout may support continued childcare use or adaptive reuse for education, medical, office, or community-oriented users. The previous tenant made significant capital improvements to the interior which includes new flooring, wall upgrades, and new paint.
  • Turn-Key Opportunity: The building is fully furnished and includes eleven classrooms, a full kitchen, office areas, and multiple restrooms. This opportunity allows immediate occupancy for investors or users looking to expand their business.
  • Strong Demographics & Household Income: Bloomington-Normal has a population of approximately 170,000 residents and a median household income of $95,000, providing a strong consumer and workforce base that supports long-term leasing demand and stability.
  • Key Economic Drivers: The economy of Bloomington-Normal, IL is driven by a diverse mix of insurance, higher education, advanced manufacturing, and agriculture. Key employers include State Farm Insurance (14,000 employees), Rivian EV Manufacturing (3,700 employees), and Illinois State University (3,300 employees).
  • Attractive Basis Relative to Replacement Cost: This is an opportunity to acquire or lease an existing facility at a cost below new construction.

Photos

Location

Agents

Broker of Record

Matthew Fitzgerald

License # 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661