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Commercial Development Land
For Sale
$700,000

2712 N Neil Street, Champaign, IL 61820

Land, Champaign, IL

Property SizeContact for details
Lot Size10.13 Acres
Days on Market53

Property Features for 2712 N Neil Street

General Information

Property type Land
Property subtype Other
Zoning COMMR
Elementary school Champaign/Middle Call Unit 4 351
Middle school Unit 4 Of Choice
High school Champaign High School
Elementary school district 4
Middle school district 4
High school district 4
Directions Located on North Neil, between Twins Drive and Interstate Drive on east side of road. No address has been given to these parcels so this is approximate address.
Subdivision Champaign, Savoy
Standard status Active
APN 411436400027
Lot size 10.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SE 1/4 OF SECTION 36, TOWNSHIP 20N, RANGE 8 EAST, EXCEPT THE SOUTH 60 ACRES, CITY OF CHAMPAIGN, CHAMPAIGN COUNTY, ILLINOIS
Tax Annual Amount 590
Legal Description SE 1/4 OF SECTION 36, TOWNSHIP 20N, RANGE 8 EAST, EXCEPT THE SOUTH 60 ACRES, CITY OF CHAMPAIGN, CHAMPAIGN COUNTY, ILLINOIS

Utilities

Utilities Natural Gas Available
Water source Private
Listing Agency: Realty Select One
Listed By: Jacob Patterson · License #475166188
Added: Aug 5 Changed: Aug 20 Last Checked: Sep 26 at 2:06PM
MLS# 12724979

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 10.13-acre commercial land offering comprises two parcels in Champaign. The property is zoned COMMR, identified in the source information as Commercial Neighborhood zoning, and includes natural gas availability with private water service. No building improvements are described.

The land is positioned on the east side of North Neil Street between Twins Drive and Interstate Drive, north of Costco and Market Place Mall. The surrounding Neil Street corridor north of Interstate 74 includes national and regional retailers, hotels, and multifamily developments. Officials have indicated that a rezoning request for multifamily use would be well received.

Key Highlights

  • 10.13 acres of development land
  • Two‑parcel property on the east side of North Neil Street
  • Zoned COMMR; identified as Commercial Neighborhood zoning

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom HVAC Service Veterinary Clinic Tanning Salon Electrical Service

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

746
Businesses Nearby

Demographics for 61820, IL

40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned land near retail, hotels, and multifamily development along the Neil Street corridor.
Where is this commercial land located?
The property is located at 2712 N Neil Street Champaign, IL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 10.13 acres of development land; Two‑parcel property on the east side of North Neil Street; Zoned COMMR; identified as Commercial Neighborhood zoning
More about this property
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