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Residential Land Parcel
For Sale
$249,900

701 North High Cross Road, Urbana, IL 61802

Residential lot positioned just off High Cross Road within the Beringer Commons subdivision.

Property SizeContact for details
Days on Market711

Property Features for 701 North High Cross Road

General Information

Standard status Active
Property subtype Land

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $366

Amenities

4 bodies of water
walking paths
Listing Agency: Coldwell Banker R.E. Group
Listed By: Stefanie Pratt · License #475123513
Source: Compass
Added: Sep 1, 2024 Changed: Aug 8 Last Checked: Aug 8 at 10:04AM

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 R.E. Group

Investment Insights

Based on property information with market context.

This residential land parcel is located tucked behind the Beringer Commons subdivision, with direct access right off High Cross Road. The community includes multiple bodies of water and walking paths throughout, with both lake properties and non-lake lots available.

The seller notes the Think Urbana Program is in place, offering an opportunity to save approximately 55% on property taxes over five years, and it also states there is no sales tax on materials. Interested parties should call for more information regarding program details and lot availability within the subdivision.

Key Highlights

  • Residential lot positioned just off High Cross Road within the Beringer Commons subdivision
  • Think Urbana Program available: approximately 55% property tax savings over 5 years
  • Think Urbana Program includes no sales tax on materials

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Hair Salon Auto Parts 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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

104
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot positioned just off High Cross Road within the Beringer Commons subdivision.
Where is this residential land & home lot located?
The property is located at 701 North High Cross Road Urbana, IL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Residential lot positioned just off High Cross Road within the Beringer Commons subdivision; Think Urbana Program available: approximately 55% property tax savings over 5 years; Think Urbana Program includes no sales tax on materials
More about this property
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