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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 $6,930,426 CAD 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
| Price | $6,930,426 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 33.00 AC |
| Property Type | Land |
| Price | $6,930,426 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 33.00 AC |
1 Lot Available
Lot
| Price | $6,930,426 CAD | Lot Size | 33.00 AC |
| Price Per AC | $210,012.90 CAD |
| Price | $6,930,426 CAD |
| Price Per AC | $210,012.90 CAD |
| Lot Size | 33.00 AC |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14-11-477-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $26,416 CAD | Total Assessment | $26,416 CAD |
Property Taxes
Parcel Number
14-11-477-001
Land Assessment
$26,416 CAD
Improvements Assessment
$0 CAD
Total Assessment
$26,416 CAD
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Pin 14-11-477-001 Northtown And Pipeline Rds - 33 acres on Pipeline and Northtown
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