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Champaign Land For Sale
For Sale
$225,000

1504 Newton Drive, Champaign, IL 61822

LAND - Champaign, IL

Lot Size2.08 Acres
Days on Market242

Property Features for 1504 Newton Drive

General Information

Property type Land
Property subtype Other
Zoning INDUS
Elementary school Champaign/Middle Call Unit 4 351
Middle school Champaign/Middle Call Unit 4 351
High school Champaign/Middle Call Unit 4 351
Elementary school district 4
Middle school district 4
High school district 4
Directions Located in Interstate Research Park off Olympian Drive and Mattis Avenue.
Subdivision Champaign, Savoy
Standard status Active
APN 411435126011
Lot size 2.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Lot 127 Interstate Research Park, Lt 126, 127, and 128
Tax Annual Amount 323
Legal Description Lot 127 Interstate Research Park, Lt 126, 127, and 128

Utilities

Utilities Natural Gas Available
Water source Private
Listing Agency: RE/MAX REALTY ASSOCIATES-CHA · RE/MAX International
Listed By: Craig Buchanan · License #475128118
Added: Dec 2, 2025 Changed: Apr 25 Last Checked: Aug 1 at 10:06AM
MLS# 12526668

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.31-acre lot is located in Interstate Research Park in northwest Champaign. All utilities are accessible. The property is conveniently located near the I-57/Olympian Drive interchange. Interstate Research Park provides immediate access to I-57 and quick connections to I-72, I-74, North Prospect shopping, dining, and Market Place Mall via Olympian Drive and Interstate Drive.

Key Highlights

  • Large 2.31‑acre lot.
  • Located in Interstate Research Park.
  • Convenient access to I‑57/Olympian Drive interchange.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Building Supply Kitchen & Bath Showroom 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

248
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

Market

Properties on Market for Land in Champaign

Feb
Mar
Apr
May
Jun
Jul

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?
Land - 2.31-acre lot in Interstate Research Park, northwest Champaign.
Where is this 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: Large 2.31‑acre lot.; Located in Interstate Research Park.; Convenient access to I‑57/Olympian Drive interchange.
More about this property
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