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    Champaign, IL Land for Sale

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    57 properties
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    Commercial Development Land
    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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    Commercial Land with Existing Building
    Updated: Oct 14
    Commercial Land with Existing Building

    505 N Walnut Street, Champaign, IL 61820

    $400,000
    0.38 AC lot
    Vacant building of nearly 3,000 square feet
    Existing structure formerly used as an automotive repair shop
    Built in 1978
    Wood and Masonite construction
    Composition roof
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    Neighborhood Commercial Land
    Neighborhood Commercial Land

    4202 Nicklaus Drive, Champaign, IL 61822

    $750,000
    1.92 AC lot

    Vacant commercial parcel suited to neighborhood-serving office, retail, and service uses.

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    See hot listings in Champaign

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Urban Redevelopment Land
    Urban Redevelopment Land

    505 N Walnut St, Champaign, IL 61820

    $400,000
    2,952 sqft

    CB1 zoning supports multifamily residential development and provides flexibility for site planning.

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    Commercial Land
    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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    Greencroft Homesite Near Country Club
    Greencroft Homesite Near Country Club

    21 Greencroft Drive, Champaign, IL 61821

    $375,000
    0.54 AC lot

    Luxury homesite in established community near Champaign Country Club.

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    Champaign Land in Jacob's Landing
    Champaign Land in Jacob's Landing

    5023 Trey Boulevard lot: 134, Champaign, IL 61822

    $103,900
    0.37 AC lot

    Residential lot in upscale Champaign neighborhood near amenities.

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    Champaign Commercial Lot on I-57
    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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    Industrial Land in Research Park
    Industrial Land in Research Park

    1504 Newton Drive, Champaign, IL 61822

    $225,000
    2.08 AC lot

    Industrial-zoned land with utility access and regional highway connectivity in northwest Champaign.

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    Land, Champaign, IL
    Land, Champaign, IL

    2808 Blair Drive, Champaign, IL 61821

    Contact for pricing
    0.52 AC lot

    Land · 0.52 Acres

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    Prime Development Land in Champaign
    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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    Buildable Residential Lot
    Buildable Residential Lot

    1410 Comanche Drive, Champaign, IL 61821

    Contact for pricing

    Buildable lot in Champaign, IL, offering a blank canvas to design and construct a home to your specifications.

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    Land, Champaign, IL
    Land, Champaign, IL

    2405 Austin Lane, Champaign, IL 61821

    Contact for pricing
    0.35 AC lot

    Land · 0.35 Acres

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    Development Site in Retail Corridor
    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
    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
    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
    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
    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
    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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    Build-to-Suit Industrial Land
    Build-to-Suit Industrial Land

    1712 Rion Dr, Champaign, IL 61822

    Contact for pricing
    5 sqft 5.85 AC lot

    I1-zoned industrial land positioned for build-to-suit flex space development.

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    Zoned Multi-Family Development Land
    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
    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.

    View details
    Highway-Visible Commercial Outlot
    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.

    View details
    Commercial Development Land
    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.

    View details
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    Champaign, IL Land Market Trends and Statistics

    Explore 72 land for sale in Champaign, IL, showcased through 57 active listings on our real estate platform. These investment opportunities span a total of 7,613,466 square feet of properties for sale, with an estimated market value of $27,050,998.

    Sale prices for lots in Champaign, IL start at $103,900, averaging $1,040,423, 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

    Commercial land 54
    Residential land & home lots 12
    Industrial land 4
    Agricultural land / Farmland 2
    Waterfront Land 1

    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 $141.7K
    61822 $590.2K
    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.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Champaign, IL

    • 61822
    • 61820
    • 61821

    Featured Champaign Real Estate Agencies

    Realmo connects you with licensed Champaign CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Green Street Realty
    510 S Neil Champaign, IL 61820
    Phone: (217) 356-8750
    www.GreenStRealty.com
    Brady Miller
    2919 Crossing Court Champaign, IL 61822
    Phone: (217) 359-3131
    sellinghomes24-7.com
    Keller Williams The Real Estate Center of Illinois, LLC
    2441 Village Green Place Champaign, IL 61822
    Phone: (217) 356-6100
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