photo of
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Fa Tw Li Zi Yo
PIN 14-11-477-001 Northtown and Pipeline Roads
Normal, IL 61761
$4,965,840.00 listing calculator

Listing 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.