
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.
Listed By
Agency Name: BHHS Central Illinois, REALTORS
Shown By
Agent Name: Chad Pierce
Agent Phone: Cell: (815) 222-8800
Agency Title: Gambino Realtors
Estimated Payment
$ 24,123.35 per month $22,556.39 Principal & Interest $118.58 Property Tax $1,448.37 Homeowner's Insurance
Pin 14-11-477-001 Northtown And Pipeline Roads | MLS# 12627464
This land located at Pin 14-11-477-001 Northtown And Pipeline Roads, Normal, IL 61761 is currently listed for sale with an asking price of $4,965,840. The property has approximately 33.00 Acres. Pin 14-11-477-001 Northtown And Pipeline Roads is located within the District 5 school district. Search Normal real estate on cpierce.gogambino.com today.