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    Champaign, IL 61822

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    For Sale
    $619,200

    Light industrial land with great interstate access and subdivision potential.

    Property size:
    6 SF
    Lot size:
    6.88 Acres

    Property Features for

    General Information

    Size
    6 SF
    Lot size
    6.88 Acres

    Source: Aj Thoma III, CCIM, SIOR Agent Aj Thoma III, CCIM, SIOR

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

    Overview

    Champaign Industrial Subdivision Near Interstates

    This light industrial subdivision is located in Northern Champaign, offering convenient access to the Regional Shopping District and three interstates: I-57, I-72, and I-74. Situated along Bloomington Rd. (US 150), it lies just southwest of the I-57/I-74 Interchange. The property, currently 6.88 acres, can be subdivided into two parcels of roughly similar size. Located within the city limits of Champaign, all utilities are available on-site. The property benefits from its location in an Enterprise Zone and its IBP – Interstate Business Park District zoning. These industrial lots are located less than 2.5 miles from Interstate 57, within 5 miles of Interstate 74, and within 6 miles of Interstate 72. Champaign is conveniently located 135 miles from Chicago, 180 miles from St. Louis, 120 miles from Indianapolis, 90 miles & 50 miles from Peoria & Bloomington, and 90 miles & 50 miles from Springfield & Decatur. Build-to-suite solutions are available.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.3017
    Latitude
    40.1308

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    FAQs

    What type of property is this?
    Industrial land - Light industrial land with great interstate access and subdivision potential.
    Where is this industrial land located?
    The property is located at Champaign, IL.
    What is the asking price?
    The asking price for this property is $619,200.
    What are key features of this property?
    This property features: - Excellent Interstate Access: Benefit from proximity to I-57, I-74, and I-72.; - Light Industrial Subdivision: Suitable for various business needs.; - Utilities to Site: All utilities are readily available.
    (217) 403-3425
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    Champaign, IL 61822
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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
    Champaign, IL 61822
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