Champaign, IL Commercial Land for Sale

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Updated: Aug 5

Commercial Development Land

2712 N Neil Street, Champaign, IL 61820

$700,000

10.13 AC lot

10.13 acres of development land
Two‑parcel property on the east side of North Neil Street
Zoned COMMR; identified as Commercial Neighborhood zoning
Located north of Costco and Market Place Mall
Surrounded by multifamily developments, retailers, and hotels

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Updated: Feb 18

Neighborhood Commercial Land

4202 Nicklaus Drive, Champaign, IL 61822

$750,000

1.92 AC lot

1.92‑acre vacant commercial parcel
CN (Neighborhood Commercial) zoning
Located on the southwest side of Champaign
Near Care at the Fields
Surrounded by numerous residential apartments

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Commercial Land

803 N Mattis Avenue, Champaign, IL 61821

$465,000

1.89 AC lot

Commercial land within the Garden Hills TIF District near Parkland College and Kraft.

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Champaign Commercial Lot on I-57

1701 Rion Drive, Champaign, IL 61822

$675,000

3 sqft

3.28 acre commercial lot in Olympian North Business Park.

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Prime Development Land in Champaign

214 S Walnut St, Champaign, IL 61820

$2,100,000

28 sqft

28,970 SF development site in a dense Champaign location.

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Development Site in Retail Corridor

802 W. Anthony Drive, Champaign, IL 61822

$2,180,140

2 sqft

2.5-acre commercial land in a high-visibility retail corridor.

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Prime Development Land in Champaign

210 S Walnut St, Champaign, IL 61820

$1,900,000

28 sqft

28,662 SF development land in Champaign, Illinois for sale.

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Champaign Development Land For Sale

302 S Market St, Champaign, IL 61820

$2,200,000

89 sqft

Prime development land in Champaign, Illinois, with flexible zoning.

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Prime Development Land in Champaign

234 S. Neil Street, Champaign, IL 61820

$5,950,000

3 sqft

3.307 acres of development land in Champaign, Illinois.

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Champaign Commercial Parcel For Sale

3510 S Duncan Rd, Champaign, IL 61822

$886,010

3.39 AC lot

3.39-acre commercial parcel at Curtis Road and Duncan Road.

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Prime Commercial Land for Development

812 W Interstate Dr, Champaign, IL 61822

$695,000

1 sqft

1.25-acre site with utilities and frontage on N Prospect retail.

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Zoned Multi-Family Development Land

35 W Olympian Drive, Champaign, IL 61822

$1,400,000

Development land at N Market St and W Olympian Dr with MF1 zoning and documented AADT traffic counts.

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Champaign Commercial Land For Sale

4202 Nicklaus Drive, Champaign, IL 61822

$750,000

1.92 AC lot

1.92-acre commercial lot in Champaign, ideal for development.

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Highway-Visible Commercial Outlot

913 W Marketview Dr, Champaign, IL 61822

Contact for pricing

24,198 sqft 3.00 AC lot

Available for development with a bank space option and pylon signage, joining major retailers off Interstate 74.

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Commercial Development Land

2712 N Neil St, Champaign, IL 61820

$700,000

10.13 acres across two parcels with commercial zoning and access from North Neil Street.

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Champaign Development Site on Market

Wood Duck Ln, Champaign, IL 61820

$2,212,848

18 sqft

Divisible 18.8-acre development site with frontage on Market Street.

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CB2 Development Land with High Limit

214 S Walnut St, Champaign, IL 61820

Contact for pricing

19,800 sqft 0.67 AC lot

Two-parcel development site zoned CB2, allowing up to 115’ height and no setback, OSR, or FAR requirements.

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Divisible Mixed-Use Development Land

2744 Hunters Pond Run, Champaign, IL 61820

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7.60 AC lot

Divisible development site offering nearly 1,500 feet of Market Street frontage and mixed CO and CG zoning.

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Land Near University of Illinois

101 E University Ave, Champaign, IL

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0.59 AC lot

Commercial land on the edge of the University of Illinois campus.

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Commercial Outlot Development Land

109 N. Mattis Avenue, Champaign, IL 61821

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Commercial outlots near Mattis Avenue with access to major transportation routes and nearby retail amenities.

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Commercial Land Near Interstate Access

1504 Newton Drive, Champaign, IL 61822

$225,000

A development parcel with accessible utilities and connections to major interstate routes.

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Interstate Commercial Lots For Sale

Interstate 57 & Curtis Rd., Champaign, IL 61822

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4 sqft

Interstate commercial lots for sale ranging from 0.84-4.16 acres.

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Former Gas Station Property Available

1101 N Prospect Ave, Champaign, IL 61820

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3,014 sqft

Former gas station with car wash potential near Interstate 74.

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Champaign Commercial Land For Sale

1202 Anthony Dr, Champaign, IL 61821

Contact for pricing

4.91 AC lot

4.91-acre commercially zoned land in Champaign's retail district.

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Champaign, IL Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Champaign, IL, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 6,290,640 square feet of properties for sale, with an estimated market value of $23,788,998.

Sale prices for commercial lots in Champaign, IL start at $225,000, averaging $1,486,812, and reaching up to $5,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 96K

Population Growth (5Y) +1.5%

Median Household Income $62,086

College Educated 42.5%

High-Yield Neighborhoods for Investment

Identify Champaign submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
61821	$465K
61822	$945.1K
61820	$2.3M

Taxes & Financing

Tax Rate (average for all types) 8.86%

Property Tax per SF $37.00 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Champaign County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Champaign fall within the under-1-acre range.

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