Land For Sale • 33 AC
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.
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 9 min | - | 4.3 mi | |
| Airport | Drive | Walk | Distance |
| Central Il Regional/Bloomington-Normal | 15 min | - | 6.8 mi |