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214 S Walnut St, Unit Champaign Champaign, IL 61820

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For Sale
$2,100,000

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

Property size:
28 SF

Property Features for 214 S Walnut St

General Information

Size
28 SF
Source: Cbcworldwide

Listing Agent: Timothy Harrington

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Prime Development Land in Champaign

An opportunity to acquire approximately 28,970 square feet of development land in Champaign, Illinois, at the convergence of Downtown, Midtown, and Campustown. The property consists of two parcels. There are two vacant buildings across the parcels that were built between 1945 and 1980. The site is zoned CB2 – Central Business Downtown, which allows for a maximum building height of 115 feet and has no setback, open space reserve (OSR), or floor to area ratio (FAR) requirements. It may be possible for a buyer to assemble additional parcels to create an even larger development site.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Rogards Office Supply Store

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.243017
Latitude
40.114436

FAQs

What type of property is this?
Land - 28,970 SF development site in a dense Champaign location.
Where is this land located?
The property is located at 214 S Walnut St, Unit Champaign Champaign, IL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: - Prime development land in Champaign, Illinois, perfectly situated at the convergence of Downtown, Midtown, and Campustown.; - Flexible CB2 zoning allows for a MAXIMUM BUILDING HEIGHT OF 115’ with no setback, open space reserve (OSR), or floor to area ratio (FAR) requirements.; - Opportunity to assemble additional parcels to create a larger development site.
More about this property
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