Apartment Development
300 E Shelbourne Dr Normal, IL 61761
300 E Shelbourne Dr, Normal, IL, 61761
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For Sale
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Multi-family property with 100-unit Shelbourne Apartments and a community building on an 11-acre site.
Days on Market97
Property Features for 300 E Shelbourne Dr
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agency
Axis 360 Commercial Real Estate Specialists
(309) 664-3617
Listed by
Meghan O'Neal-Rogozinski, CCIM · License #Bloomington IL 475159841
Source
Crexi
Added: Apr 16 Updated: Jul 21 at 7:28AM Checked: Jul 21 at 7:28AM
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Investment Insights
Based on property information with market context.
The property is an apartment development site totaling 11 acres and includes the existing Shelbourne Apartments with 100 apartment units plus a community building. The overall site is described as less than half developed.
The property is centrally located in Normal and is surrounded in every direction by established neighborhoods and existing public services. Directly west of the site is Christ Church.
The site is also described as being 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. Additionally, less than half a mile to the west, the main line of the Constitution Trail provides direct access to multiple parks and Uptown Normal.
The property is centrally located in Normal and is surrounded in every direction by established neighborhoods and existing public services. Directly west of the site is Christ Church.
The site is also described as being 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. Additionally, less than half a mile to the west, the main line of the Constitution Trail provides direct access to multiple parks and Uptown Normal.
Key Highlights
- 11‑acre multi‑family property featuring Shelbourne Apartments with 100 apartment units plus a community building
- Property located in Normal, less than half developed, with surroundings including established single‑family and multi‑family neighborhoods
- Less than 0.5 mile from One Normal Plaza, including sports fields, community garden plots, and the Community Activity Center
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FAQs
What type of property is this?
Apartment building - Multi-family property with 100-unit Shelbourne Apartments and a community building on an 11-acre site.
Where is this apartment building located?
The property is located at 300 E Shelbourne Dr Normal, IL.
What is the asking price?
The asking price for this property is $1,209,879.
What are key features of this property?
This property features: 11‑acre multi‑family property featuring Shelbourne Apartments with 100 apartment units plus a community building; Property located in Normal, less than half developed, with surroundings including established single‑family and multi‑family neighborhoods; Less than 0.5 mile from One Normal Plaza, including sports fields, community garden plots, and the Community Activity Center