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$4,965,840
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
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0 |
$1,423.68 |
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On the market:
1 day
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View full details, photos, school info, and price history
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.
Listing courtesy of Melissa Dittbenner, BHHS Central Illinois, REALTORS