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    1202 W Anthony Dr Champaign, IL 61821

    For Sale
    $910,000

    4.63-acre commercially zoned land in Champaign's retail district.

    Property size:
    4 SF
    Lot size:
    4.91 Acres

    Property Features for 1202 W Anthony Dr

    General Information

    Zoning
    CG-Commercial General
    Size
    4 SF
    Lot size
    4.91 Acres

    Source: Jay Sikorski Agent Jay Sikorski

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

    Overview

    Champaign Commercial Land Opportunity

    This 4.63-acre commercially zoned land is located in Champaign's retail district. The property is situated adjacent to Walmart, a hotel, and restaurants, benefiting from high visibility and foot traffic. The commercial zoning allows for development of retail outlets or hospitality establishments. Located on a corner lot with visibility from the interstate, the property has access to all utilities. Its location adjacent to major retailers adds to its appeal for potential businesses. Investing in this property has long-term profitability and serves as a valuable addition to any investor’s portfolio or entrepreneur’s expansion plans.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -88.266743
    Latitude
    40.137698

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    FAQs

    What type of property is this?
    Commercial land - 4.63-acre commercially zoned land in Champaign's retail district.
    Where is this commercial land located?
    The property is located at 1202 W Anthony Dr Champaign, IL.
    What is the asking price?
    The asking price for this property is $910,000.
    What are key features of this property?
    This property features: - Prime commercial zoning in Champaign's retail district allows for diverse development opportunities.; - Strategic location adjacent to Walmart, a prominent hotel, and restaurants ensures high visibility and foot traffic.; - 4.63-acre corner lot offers excellent visibility from the interstate.
    (217) 352-7712
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1202 W Anthony Dr Champaign, IL 61821
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