Champaign Development Land For
For Sale
$2,200,000
302 S Market St, Champaign, IL 61820
Prime development land in Champaign, Illinois, with flexible zoning.
Property Size89 SF
Price / SF$24,719
Days on Market337
Property Features for 302 S Market St
General Information
Standard status
Active
Size
89 SF
Property subtype
Land
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 352-7712
Listed By:
Josh Markiewicz, CCIM
(217) 352-7712
Source:
Cbcworldwide
Added: Sep 10, 2025
Changed: May 21
Last Checked: Apr 9 at 9:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty
Investment Insights
Based on property information with market context.
Approximately 89,348 square feet of development land is available for sale in Champaign, Illinois, situated at the convergence of Downtown, Midtown, and Campustown. The property comprises four parcels zoned CB1 – Central Business Urban Fringe. The CB1 zoning allows for a maximum building height of 85 feet and has no setback, open space reserve (OSR), or floor-to-area ratio (FAR) requirements. There are three vacant buildings on the parcels, constructed between 1935 and 1973.
Key Highlights
- Prime development land totaling approximately 89,348 SF in Champaign, Illinois.
- Located at the convergence of Downtown, Midtown, and Campustown.
- Flexible CB1 zoning allows for a maximum building height of 85’.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,624
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?
Land - Prime development land in Champaign, Illinois, with flexible zoning.
Where is this land located?
The property is located at 302 S Market St Champaign, IL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Prime development land totaling approximately 89,348 SF in Champaign, Illinois.; Located at the convergence of Downtown, Midtown, and Campustown.; Flexible CB1 zoning allows for a maximum building height of 85’.
