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Pin 14-11-477-001 Northtown And Pipeline Rds - 33 acres on Pipeline and Northtown 33 Acres of Commercial Land Offered at $4,965,840 in Normal, IL 61761
Executive Summary
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.
Property Facts
1 Lot Available
Lot
| Price | $4,965,840 | Lot Size | 33.00 AC |
| Price Per AC | $150,480.00 |
| Price | $4,965,840 |
| Price Per AC | $150,480.00 |
| Lot Size | 33.00 AC |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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Pin 14-11-477-001 Northtown And Pipeline Rds - 33 acres on Pipeline and Northtown
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