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Interstate-Adjacent Industrial Land
For Sale
Contact for pricing
Pending

2302 N Cunningham Ave, Urbana, IL 61802

Industrial land parcel with B-3 zoning offering light industrial flexibility and strong visibility and access.

Property SizeContact for details
Lot Size26.13 Acres
Days on Market145

Property Features for 2302 N Cunningham Ave

General Information

Standard status Pending
Lot size 26.13 Acres
Property subtype Land
Zoning B-3

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Keller Williams Realty - Champaign
Listed By: Dan Cothern · License #IL 475.124751
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Sep 1 at 9:27PM

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 Keller Williams Realty - Champaign

Investment Insights

Based on property information with market context.

This offering is for an industrial land parcel totaling 26.13 acres, represented by two PIN numbers. The property is positioned as one of the last interstate development parcels in the Champaign-Urbana area, with an emphasis on visibility and access.

The site is located in B-3 zoning, which allows for a variety of light industrial uses. The property also references tax rebate availability for five years through the city of Urbana. Additionally, it is described as being within a TIF district that includes opportunities such as car sales, truck sales, truck stop, and light industrial lots, among other uses.

For sale as a development site, this parcel’s stated use framework is designed to support light industrial development options aligned with the cited zoning and local incentive information.

Key Highlights

  • 26.13‑acre industrial land parcel with B‑3 zoning for a variety of light industrial uses
  • Includes 2 PIN numbers
  • Located in the Champaign‑Urbana area with strong visibility and access

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant Pharmacy Law Firm Building Supply Garden Center

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby

Demographics for 61802, IL

19,460
Population
10,066
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
82.1 sq mi
ZIP Area
237
Density / Sq Mi
$58,588
Median Household Income
$40,600
Median Earnings
$996
Median Rent
$158,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land parcel with B-3 zoning offering light industrial flexibility and strong visibility and access.
Where is this industrial land located?
The property is located at 2302 N Cunningham Ave Urbana, IL.
What are key features of this property?
This property features: 26.13‑acre industrial land parcel with B‑3 zoning for a variety of light industrial uses; Includes 2 PIN numbers; Located in the Champaign‑Urbana area with strong visibility and access
More about this property
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