www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32531371
32531370

2650 North Main Street, Normal, IL 61761

DK
IL 471.000414, IA B65010000
First Mid Ag Services
Listed by First Mid Ag Services
$3,220,350
31 days on market
Updated 29 days ago

The Lorraine Kraft Farm

Details
APN 02-18-244-000
Property Type Land
Sub Type Farm
Tenancy Vacant
Price per SqFt $35,000
Acreage 92.010
Zoning Farm

Developable Land | 92.01 acres

Marketing description

The Lorraine Kraft Farm is a 92.01 +/- tax acre farm located in McLean County, Normal Township. The property is listed at $35,000 per acre or $3,220,350.00. This land is located on the north side of Normal Illinois at the corner of U.S. Route 51 and County Road 1850 N, with 2,300 feet of frontage to Business US 51. The farm has access to an established ecosystem of industrial, advanced manufacturing, and logistics companies. The property is free of wetlands, creeks, and streams, and sanitary sewer services, water and utilities are all accessible.

The farm is currently leased for the 2026 crop year, with tenancy to be terminated and open for the 2027 growing season at the conclusion of harvest of the 2026 crop. The property has 88.9 FSA farmland acres and an average soil productivity index of 133.9. Legal description: All that part of the North 1/2 of Section 9 Township 24 North, Range 2 East of the Third Principal Meridian, that lies East of U.S. Route 51, EXCEPT 132 Acres off the East side of said Half Section AND EXCLUDING the land taken by the right of way of the Illinois Central Railroad Company, in McLean County, Illinois.

Investment highlights

  • Access to established ecosystem of industrial, advanced manufacturing, and logistics companies.
  • Over 2,300' of frontage to US Route 51 (Business)/North Main Street at Normal, Illinois
  • Productive farmland
  • Sanitary Sewer services, water and utilities all existing or nearby.
  • Daily traffic count has ranged from 2700-3100 cars/day since 2021 according to IDOT.
  • A large warehouse for Rivian is across the road to the south.

Listing Contacts

DK
IL 471.000414, IA B65010000
First Mid Ag Services
Listed by First Mid Ag Services

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591