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2650 Main Street - Lorraine Kraft Farm 92.01 Acres of Commercial Land Offered at $3,220,350 in Normal, IL 61761
Investment Highlights
- Located at the corner of U.S. Route 51 and County Road 1850 N with Over 2,300 feet of US Highway 51 Frontage on the north side of Normal, Illinois
- Free from wetlands, streams, and creeks, offering efficient land utilization
- Proximity to major interstates: I-39, I-55, and I-74, providing exceptional regional connectivity
- Positioned close to established industrial, advanced manufacturing, and logistics hubs
- Sanitary sewer, water, and utility services readily accessible for development or agricultural use
- Current lease in place for the 2026 crop year; open for the 2027 season at conclusion of 2026 harvest
Executive Summary
The farm is currently zoned agricultural and leased on an annual cash rent lease to preserve lower real estate tax assessments.
Property Facts
1 Lot Available
Lot
| Price | $3,220,350 | Lot Size | 92.01 AC |
| Price Per AC | $35,000.00 |
| Price | $3,220,350 |
| Price Per AC | $35,000.00 |
| Lot Size | 92.01 AC |
his McLean County property is located on the north side of Normal, adjacent to industrial warehousing facility. There is road access from North Main St/Business U.S. Route 51. There are multiple utilities located nearby with potential expansion.
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 14-09-100-003 | Improvements Assessment | $0 |
| Land Assessment | $59,035 | Total Assessment | $59,035 |
Property Taxes
Parcel Number
14-09-100-003
Land Assessment
$59,035
Improvements Assessment
$0
Total Assessment
$59,035
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2650 Main Street - Lorraine Kraft Farm
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