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Industrial Land in Research Park
For Sale
$225,000
Pending

1504 Newton Drive, Champaign, IL 61822

Land, Champaign, IL

Property SizeContact for details
Lot Size2.08 Acres
Days on Market279

Property Features for 1504 Newton Drive

General Information

Property type Land
Property subtype Other
Zoning INDUS
Elementary school Champaign/Middle Call Unit 4 351
Middle school Champaign/Middle Call Unit 4 351
High school Champaign/Middle Call Unit 4 351
Elementary school district 4
Middle school district 4
High school district 4
Directions Located in Interstate Research Park off Olympian Drive and Mattis Avenue.
Subdivision Champaign, Savoy
Standard status Pending
APN 411435126011
Lot size 2.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Lot 127 Interstate Research Park, Lt 126, 127, and 128
Tax Annual Amount 323
Legal Description Lot 127 Interstate Research Park, Lt 126, 127, and 128

Utilities

Utilities Natural Gas Available
Water source Private
Listing Agency: RE/MAX REALTY ASSOCIATES-CHA · RE/MAX International
Listed By: Craig Buchanan · License #475128118
Added: Dec 2, 2025 Changed: Sep 2 Last Checked: Sep 7 at 5:06AM
MLS# 12526668

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This industrial land parcel is situated within Interstate Research Park in northwest Champaign. The site carries INDUS zoning and has access to utilities, including natural gas availability and a private water source.

Regional connectivity is provided by proximity to the I-57 and Olympian Drive interchange, with access to I-57 and connections to I-72 and I-74. Olympian Drive and Interstate Drive also connect the property with North Prospect shopping and dining and Market Place Mall.

Key Highlights

  • INDUS zoning supports the property’s industrial land classification
  • Located in Interstate Research Park in northwest Champaign
  • Near the I‑57 and Olympian Drive interchange

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Building Supply Kitchen & Bath Showroom Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby

Demographics for 61822, IL

25,091
Population
11,923
Households
2.1
Avg Household Size
38
Median Age
58%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
234
Density / Sq Mi
$97,044
Median Household Income
$55,385
Median Earnings
$1,265
Median Rent
$264,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial-zoned land with utility access and regional highway connectivity in northwest Champaign.
Where is this industrial land located?
The property is located at 1504 Newton Drive Champaign, IL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: INDUS zoning supports the property’s industrial land classification; Located in Interstate Research Park in northwest Champaign; Near the I‑57 and Olympian Drive interchange
More about this property
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