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Apartment Development Property

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
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

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Axis 360 Commercial Real Estate Specialists


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.

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

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Auto Parts Store Nail Salon Skin Care Clinic Daycare Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
(309) 664-3617 Call to check price and availability
More about this property
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