Contacts

Joshua Markiewicz

Coldwell Banker Commercial Devonshire Realty

Property Details

Property Type VacantLand
Lot Size 3.31 Acre
Additional Rent Contact for pricing
Date Updated Dec 21, 2024

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale an incredible opportunity to acquire approximately 3.307 acres of prime development land located in Champaign, Illinois at the convergence of Downtown, Midtown and Campustown. This is truly a unique opportunity to acquire a large development site in a dense location with flexible zoning, and it may be possible for a buyer to assemble additional parcels to create an even larger development site. The property consists of 10 parcels totaling approximately 144,053 SF (3.307 acres) and the site is mixed-zoned CB1 – Central Business Urban Fringe and CB2 – Central Business Downtown. CB1 zoning allows for a maximum building height of 85’ and CB2 allows for 115’, while neither zoning classification has any setback, open space reserve (OSR) or floor to area ratio (FAR) requirements. There are 8 vacant buildings across the parcels that were built between 1915 and 1980 – building sizes are listed on page 4 under Parcel Information.

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Highlights

The property is extremely well situated between Downtown Champaign and the University of Illinois, which boasts an enrollment of over 56,000 students, and 15,000+ faculty and staff. The site is easily accessed and bordered to the north by the Illinois Terminal, to the west by Neil Street and to the south by Springfield Avenue both of which are major arterials through the market.

Getting around

96/100
Walk Score ®
56/100
Transit Score ®
90/100
Bike Score ®

Powered by Walk Score ®

City Champaign, IL
Neighborhood Downtown Champaign
Zip Code 61820

Points of Interest

Champaign-Urbana

0.15 miles

Circle K

0.37 miles
ChargePoint

0.99 miles
QuikTrip

1.24 miles
Shell

1.35 miles
Mobil

1.47 miles
Tesla Supercharger

2.38 miles

Main and Market

0.27 miles
North First Street Lot

0.31 miles
Laura Apartments Parking

0.32 miles
Whitehall Apartments Garage

0.35 miles
Walnut and Washington

0.37 miles
Parkette 151

0.48 miles
Parkette 154

0.55 miles
Campus Center

0.67 miles
C10

0.74 miles
C7

0.75 miles

Hyatt Place

0.27 miles
Champaign Garden Inn

0.48 miles
TownePlace Suites

0.69 miles
Hampton

0.99 miles
Homewood Suites by Hilton Champaign-Urbana

1.02 miles
Holiday Inn

1.24 miles
iHotel & Conference Center

1.46 miles
Red Roof Inn Champaign - University

1.50 miles
Baymont Champaign

1.51 miles
Home2 Suites by Hilton Champaign/Urbana

1.53 miles

AM-KO Oriental Foods and Gifts

0.28 miles
County Market

0.49 miles
Far East Grocery

0.58 miles
World Harvest Foods

0.67 miles
Target

0.74 miles
Asian Supermarket

1.29 miles
Harvest Market

1.62 miles
TJ Maxx

1.62 miles
World Harvest

1.68 miles
Kohl's

1.69 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.