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31708727
31775965

300 E Shelbourne Dr, Normal, IL 61761 For Sale

MO
Bloomington IL 475159841
Axis 360 Commercial Real Estate Specialists
MO
Bloomington IL 475128028
Axis 360 Commercial Real Estate Specialists
Listed by Axis 360 Commercial Real Estate Specialists
$725,927
93 days on market
Updated 24 days ago

300 E. Shelbourne Excess Ground

Details
Property Type Land
Sub Type Residential
Acreage 11.110
Zoning R1B, R2

Land | 11.11 acres

Marketing description

This 11-acre property is centrally located in Normal and remains less than half developed, creating a rare opportunity for infill development in an area already surrounded by established neighborhoods, development, and existing public services.

The existing Shelbourne Apartments include 100 apartment units and a community building. Directly west of the site is Christ Church, with single-family and multi-family neighborhoods surrounding the property in every direction.

The property is situated less than half a mile from One Normal Plaza, which features sports fields, community garden plots, the Community Activity Center, a food forest, and a new segment of the Constitution Trail. Less than half a mile to the west, the main line of the Constitution Trail provides direct access to multiple parks and Uptown Normal.

Investment highlights

  • Approx. 1 mile from two elementary schools
  • Less than 1.5 miles to Illinois State University and Uptown Normal
  • Adjacent to existing public services and infrastructure
  • Established roadway network capable of accommodating future traffic demand
  • Connect Transit Pink Route access along the site’s west edge
  • Immediate access to essential utility infrastructure:
    • Sanitary sewer
    • Storm sewer
    • Water
    • Gas
    • Electric

Listing Contacts

MO
Bloomington IL 475159841
Axis 360 Commercial Real Estate Specialists
MO
Bloomington IL 475128028
Axis 360 Commercial Real Estate Specialists
Listed by Axis 360 Commercial Real Estate Specialists

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