For Sale

Prime Development Land For Sale

234 S Neil St, Champaign, IL 61820

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.

Key features

  • 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.

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Contacts

broker

Joshua Markiewicz

Coldwell Banker Commercial Devonshire Realty

(217) 352-7712

Building Details

  • For Sale $5,950,000
  • Property Type VacantLand
  • Lot Size 3.31 Acre
  • Date Updated Nov 27, 2023
  • Website www.cbcworldwide.com

Getting Around

  • Walk Score ®

    Walker's Paradise (96)

  • Transit Score ®

    Good Transit (56)

  • Bike Score ®

    Biker's Paradise (90)
Powered by Walk Score ®

Location

  • City Champaign, IL
  • Neighborhood Downtown Champaign
  • Zip Code 61820

Points of Interest

Circle K

0.74 miles

ChargePoint

0.99 miles

Circle K

1.16 miles

Circle K

1.29 miles

Shell

1.35 miles

Mobil

1.47 miles

Circle K

1.47 miles

Circle K

1.51 miles

Mobil

1.55 miles

North First Street Lot

0.31 miles

Laura Apartments Parking

0.32 miles

Whitehall Apartments Garage

0.35 miles

Parkette 151

0.48 miles

Parkette 154

0.55 miles

Campus Center

0.67 miles

C10

0.74 miles

C7

0.75 miles

Outpatient Dialysis Visitor Parking

0.77 miles

Enterprise

1.23 miles

Rainstorm Express

1.27 miles

Rainstorm

1.70 miles

M&M Auto Detail

2.20 miles

Above and Beyond Detailing

2.31 miles

Pizzaria Antica

0.18 miles

Sam's Cafe

0.19 miles

Farren's Pub & Eatery

0.20 miles

Maize

0.21 miles

Golden Harbor

0.21 miles

99 Szechuan China

0.23 miles

Nando Milano

0.23 miles

Hamilton Walker's

0.23 miles

Manzella's

0.25 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

Meat and Egg Sales Room

1.48 miles

Harvest Market

1.62 miles

TJ Maxx

1.62 miles

World Harvest

1.68 miles

Fire Station #1

0.14 miles

Champaign Police Department

0.28 miles

CVS Pharmacy

0.33 miles

CompleteCare Pharmacy

0.41 miles

CampusTown Urgent Care

0.79 miles

The Pavilion Behavioral Health System

0.79 miles

OSF Heart of Mary Medical Center

0.89 miles

Fire Station #3

1.07 miles

Walgreens

1.08 miles

Access In-Depth Research on this Property

Interested in researching more about this property? Find in-depth data, including ownership details, transaction history, property characteristics, tenant information, local real estate market insights and more at CommercialEdge.

Contact Listing Broker

broker

Joshua Markiewicz

Coldwell Banker Commercial Devonshire Realty

(217) 352-7712