Listing Agency: RE/MAX REALTY ASSOCIATES-CHA

Listed By: Craig Buchanan · License #475128118 Show Phone

Source: Compass

Added: Dec 1, 2025 Changed: Oct 19 Last Checked: Oct 19 at 8:55AM

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Investment Insights

Based on property information with market context.

This 2.31-acre commercial land parcel is located within Interstate Research Park and is designated INDUS. The site offers a substantial land area for commercial development, with all utilities accessible to the property.

Positioned near the I-57 and Olympian Drive interchange, the parcel provides direct access to I-57 and connections to I-72 and I-74. Olympian Drive and Interstate Drive link the property with North Prospect shopping and dining areas as well as Market Place Mall. The property is located at 1504 Newton Drive in Champaign, Illinois.

Key Highlights

• 2.31‑acre commercial land parcel
• Located in Interstate Research Park
• INDUS zoning designation

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Parking Lot & Garage 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.

Location Intelligence

Trade Area within ½ mile

198

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Commercial land - A development parcel with accessible utilities and connections to major interstate routes.

Where is this commercial land located?

The property is located at 1504 Newton Drive Champaign, IL.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: 2.31‑acre commercial land parcel; Located in Interstate Research Park; INDUS zoning designation