386 Wylie DrNormal, IL 61761

  • Commercial real estate
  • 3.09 AC
For Sale
$303,613 View listing

Property Details for 386 Wylie Dr

Lot size
3.09 AC
Zone code
B-1
Property type
Commercial real estate
APN
14-31-100-027
APU
1431100027

Description

This exceptional offering presents two contiguous commercial lots totaling 6.97 acres at the highly visible Crossroads Center in Normal, Illinois. These parcels, identified as APN 1431100027 and 1431100028, are available individually or as a combined 6.97-acre tract, providing flexibility for various development scenarios. Lot 4 encompasses 3.09 acres, while Lot 5 offers 3.88 acres. Both are zoned B-1 (Highway Business), allowing for a wide range of commercial uses. The property boasts excellent visibility from major roadways, providing easy access to I-74, I-55, I-39, and Illinois Route 9. This strategic location places the lots in close proximity to significant retail anchors, including a Super Walmart, Farm & Fleet, Tractor Supply, and a 60,000 square foot Wehrenberg Movie Theatre, ensuring high traffic and visibility. The asking price for the combined lots is $303,613, representing a compelling opportunity for investors and developers seeking a prime location in a thriving commercial area. The property features two potential building pads, making it ready for immediate development. This is a rare opportunity to acquire land in a high-traffic area with excellent visibility and access to major transportation arteries. Don't miss this chance to secure a prominent position in the heart of Normal's bustling Crossroads Center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $27,818,306
    Hospitality
    $25,481,418
    Educational
    $21,200,242
    Medical
    $21,929,350
    Retail
    $32,978,154

Location Insight

City
Normal
County
Mclean
State
Illinois
Latitude
40.4961
Longitude
-89.0312
CBSA code
14010
CBSA name
BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,840
$44,862
-
$44,862
-
$134,586
-
$134,586

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