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$ 4,965,840
Est. payment | /mo
33 Acres Lot
$ 4,965,840
Est. payment | /mo
33 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12627464
Annual Tax Amount $1,423
Tax Year 2024
Lot Size 33.000 Acres
Lot Dimensions 1327X110X961X1339X1004X75X80
Property Sub-Type Land
Property Description
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.
Location
State IL
County Mclean
Area Normal
Zoning AGRIC
Rooms
Basement None
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby
Building
Dwelling Type Land
Schools
Elementary Schools Prairieland Elementary
Middle Schools Parkside Jr High
High Schools Normal Community West High Schoo
School District 5 , 5, 5
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Melissa Dittbenner of BHHS Central Illinois, REALTORS