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Listed by Melissa Dittbennerof BHHS Central Illinois, REALTORS
-
Est. payment /mo
33 Acres Lot
Active
PIN 14-11-477-001 Northtown and Pipeline Roads Normal, IL 61761
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12627464
Annual Tax Amount $1,423
Tax Year 2024
Lot Size 33.000 Acres
Lot Dimensions 1327X110X961X1339X1004X75X80
Property Sub-Type Land
Property Description
Positioned for future growth, this 33-acre site presents a compelling opportunity for multifamily development with a clear path to annexation and rezoning. Currently zoned agricultural, the property is subject to a city annexation agreement that supports multifamily use-significantly reducing entitlement risk for a prospective developer. The site offers the scale and flexibility to accommodate a thoughtfully planned residential community, with potential for phased development. Ideal for investors and developers seeking to capitalize on expanding housing demand in a growing area. Surrounded by ongoing development and supported by municipal cooperation, this property is well-positioned for a successful transition from agricultural use to higher-density residential or mixed development.
Location
State IL
County Mclean
Zoning AGRIC
Rooms
Basement None
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby
View Y/N true
Schools
Elementary Schools Prairieland Elementary
Middle Schools Parkside Jr High
High Schools Normal Community West High Schoo
School District 5, 5, 5
Others
Ownership Fee Simple
Special Listing Condition None
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