PIN 14-11-477-001 Northtown and Pipeline Roads Normal, IL 61761
1,437,480 Sq. Ft., 33 acres lot size / Land
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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 details
Type
Land
Status
Active
County
McLean
Lot Size
1,437,480 Sq. Ft., 33 acres
Listing Id
12627464
Courtesy Of
Melissa Dittbenner - BHHS Central Illinois, REALTORS +1 309 275 5670
List Office Phone
+1 (309) 663-7653
Subdivision
Not Applicable
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Building Area Total
0 Sq. Ft.
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
04/23/2026
04/23/2026
|
Active |
$4,965,840
|
MRED- Midwest Real Estate Data MLS |
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Market Trends
Source: Constellation1
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