Listing Agency: Lee & Associates | Chicago Show Phone

Listed By: Michael Petrik · License #475197246 Show Phone

Source: Moodyscre

Added: Aug 22, 2023 Changed: Sep 2 Last Checked: Sep 1 at 8:49PM

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Investment Insights

Based on property information with market context.

This commercial land offering includes 0.61 acres at 113 E University Ave in Champaign, Illinois. The site is identified as being within a TIF district and may be expanded to 1.62 acres, subject to the stated expansion opportunity.

Key Highlights

• 0.61 acres available
• Located within a TIF district
• Expansion opportunity to 1.62 acres

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Auto Parts Store Grocery & Convenience Store Pet Grooming Service Nursing Home Storage Facility

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

3,087

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land in a TIF district with potential expansion to a larger assemblage.

Where is this commercial land located?

The property is located at 113 E University Ave Champaign, IL.

What are key features of this property?

This property features: 0.61 acres available; Located within a TIF district; Expansion opportunity to 1.62 acres