RR - Pipeline Rd and Northtown Rd 33.27 Acres of Commercial Land Offered at $4,965,840 in Normal, IL 61761

INVESTMENT HIGHLIGHTS

  • North Normal
  • Current annexation states it could be Multi-family
  • 33 Acres, zoned Ag

EXECUTIVE SUMMARY

Current property is accessed as farm land Current annexation agreement states it could be R3A (multifamily).

PROPERTY FACTS Under Contract

Price $4,965,840
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Community Center
  • Public Park
Total Lot Size 33.27 AC

1 LOT AVAILABLE

Lot

Price $4,965,840
Price Per AC $149,258.79
Lot Size 33.27 AC

Current property is accessed as farm land Current annexation agreement states it could be R3A (multifamily).

DESCRIPTION

Corner of Pipeline Rd & Northtown Rd. Current property is accessed as farm land Current annexation agreement states it could be R3A (multifamily).

PROPERTY TAXES

  • Listing ID: 15965177

  • Date on Market: 5/6/2019

  • Last Updated:

  • Address: RR, Normal, IL 61761