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2907 Red Oak - Third Editon to Cedar Ridge 16 Acres of Residential Land Offered at $2,310,000 in Bloomington, IL 61701
EXECUTIVE SUMMARY
According to the McLean County EDC, Bloomington Normal is 4,000 units short of needed housing inventory. This is an opportunity to skip the years of development and city approval phases and build immediately.
PROPERTY FACTS
| Price | $2,310,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Single Family Development |
| Sale Condition | Bulk/Portfolio Sale | Total Lot Size | 16.00 AC |
| No. Lots | 1 | Cross Streets | Nielson |
| Property Type | Land | ||
| Zoning | R1C - Single Family Residential dwelling units | ||
| Price | $2,310,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Bulk/Portfolio Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 16.00 AC |
| Cross Streets | Nielson |
| Zoning | R1C - Single Family Residential dwelling units |
1 LOT AVAILABLE
Lot
| Price | $2,310,000 | Lot Size | 16.00 AC |
| Price Per AC | $144,375.00 |
| Price | $2,310,000 |
| Price Per AC | $144,375.00 |
| Lot Size | 16.00 AC |
42 completely developed lots ready to permit and build. Lot retail from $63K to $73.5K. Priced at $55K each. Lots are to be sold together as 42 lots. Zoned R-1C
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2907 Red Oak - Third Editon to Cedar Ridge
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