About Pin 14-11-477-001 Northtown And Pipeline Roads
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.
Features of Pin 14-11-477-001 Northtown And Pipeline Roads
| MLS® # | 12627464 |
|---|---|
| Price | $4,965,840 |
| Bathrooms | 0.00 |
| Acres | 33.00 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
| Taxes | $1,424 |
Community Information
| Address | Pin 14-11-477-001 Northtown And Pipeline Roads |
|---|---|
| Area | Normal |
| Subdivision | Not Applicable |
| City | Normal |
| County | McLean |
| State | IL |
| Zip Code | 61761 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
| Basement | None |
School Information
| District | 5 |
|---|---|
| Elementary | Prairieland Elementary |
| Middle | Parkside Jr High |
| High | Normal Community West High Schoo |
Additional Information
| Days on Market | 27 |
|---|---|
| Zoning | AGRIC |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | BHHS Central Illinois, REALTORS |
|---|