234 S Neil St, Unit Champaign Champaign, IL 61820
Property Features for 234 S Neil St
General Information
- Size
- 3 SF
Source:
Cbcworldwide
Listing Agent: Josh Markiewicz, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Prime Development Land in Champaign
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2429253
- Latitude
- 40.1141734
Nearby Similar for Sale
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 St, Unit 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).