Prime Development Land in
234 S Neil Street Champaign Champaign, IL 61820
234 S Neil Street Champaign, Champaign, IL, 61820
$5,950,000
For Sale
$5,950,000
3.307 acres of development land in Champaign, Illinois.
Property Size3 SF
Price / SF$1,983,333
Days on Market313
Property Features for 234 S Neil Street Champaign
General Information
- Standard status
- Active
- Size
- 3 SF
- Property subtype
- Development
Listing Agency
Coldwell Banker Commercial Devonshire Realty
(217) 352-7712
Listed by
Josh Markiewicz, CCIM
(217) 352-7712
Source
Cbcworldwide
Added: Sep 10, 2025 Checked: Apr 9 at 9:00 pm
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.
An opportunity exists to acquire approximately 3.307 acres of development land in Champaign, Illinois. The property is located at the convergence of Downtown, Midtown, and Campustown. It consists of 10 parcels totaling approximately 144,053 square feet. There are 8 vacant buildings across the parcels that were built between 1915 and 1980. The site is mixed-zoned CB1 – Central Business Urban Fringe and CB2 – Central Business Downtown. CB1 zoning allows for a maximum building height of 85 feet and CB2 allows for 115 feet, while neither zoning classification has any 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.
Key Highlights
- Prime development land: 3.307 acres in Champaign, Illinois.
- Located at the convergence of Downtown, Midtown, and Campustown.
- Flexible zoning (CB1 and CB2) with potential for high‑rise development (85' and 115' height limits).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 3.307 acres of development land in Champaign, Illinois.
Where is this commercial land located?
The property is located at 234 S Neil Street Champaign Champaign, IL.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Prime development land: 3.307 acres in Champaign, Illinois.; Located at the convergence of Downtown, Midtown, and Campustown.; Flexible zoning (CB1 and CB2) with potential for high‑rise development (85' and 115' height limits).
