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Zoned Multi-Family Development Land
For Sale
$1,400,000

35 W Olympian Drive Champaign, Champaign, IL 61822

Development land at N Market St and W Olympian Dr with MF1 zoning and documented AADT traffic counts.

Property SizeContact for details
Days on Market43

Property Features for 35 W Olympian Drive Champaign

General Information

Standard status Active
Property subtype Land
Zoning MULTI

Additional Details

Traffic Count 6,150 vehicles/day

Taxes and HOA fees

Annual Taxes $2,511

Amenities

Public Road
679X1203X433X70X886X964X436X500'
35.47
No
2191
Concrete
Listing Agency:
Listed By: Brenda Valdez · License #475185100
Source: Remaxadream
Added: Jul 8 Changed: Aug 11 Last Checked: Aug 19 at 5:03AM

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 Brenda Valdez

Investment Insights

Based on property information with market context.

This for-sale development site is located at the intersection of N Market St and W Olympian Dr in Champaign. The property is currently zoned Multi-Family (MF1), with surrounding property described as a mix of commercial and residential zoning categories.

Traffic counts provided for the intersection area include 6,150 AADT on N Market St and 3,450 AADT on W Olympian Dr.

Market Place Mall is listed as approximately 1 mile south, with additional major retail, restaurants, and residential properties described within about 1–1.5 miles southwest, including Best Buy, Chick-Fil-a, Costco, Meijer, Binny's, Kohl's, Olive Garden, Planet Fitness, and several apartment communities.

Key Highlights

  • 35.47‑acre development site at N Market St and W Olympian Dr with MF1 (Multi‑Family) zoning
  • At the intersection of N Market St and W Olympian Dr with documented traffic counts of 6,150 AADT on N Market St
  • Documented traffic counts of 3,450 AADT on W Olympian Dr

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6,150 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 61822, IL

25,091
Population
11,923
Households
2.1
Avg Household Size
38
Median Age
58%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
234
Density / Sq Mi
$97,044
Median Household Income
$55,385
Median Earnings
$1,265
Median Rent
$264,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development land at N Market St and W Olympian Dr with MF1 zoning and documented AADT traffic counts.
Where is this commercial land located?
The property is located at 35 W Olympian Drive Champaign Champaign, IL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 35.47‑acre development site at N Market St and W Olympian Dr with MF1 (Multi‑Family) zoning; At the intersection of N Market St and W Olympian Dr with documented traffic counts of 6,150 AADT on N Market St; Documented traffic counts of 3,450 AADT on W Olympian Dr
More about this property
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