Champaign Development Opportunity Near
For Sale
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1512 N Neil St, Champaign, IL 61820
Prime 3.2-acre site near I-74 in Champaign, Illinois.
Property SizeContact for details
Lot Size3.20 Acres
Days on Market801
Property Features for 1512 N Neil St
General Information
Standard status
Active
Lot size
3.20 Acres
Property subtype
Land
Zoning
Commerical
Listing Agency:
Hartman Capital LLC
Listed By:
Shannan Hicks · License #IL 471022465
Source:
Crexi
Added: Jun 12, 2024
Changed: Aug 18
Last Checked: Aug 19 at 9:20PM
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 Hartman Capital LLC
Investment Insights
Based on property information with market context.
This premier development opportunity is located in Champaign, Illinois, at the signalized intersection of Neil Street and Interstate 74. The site, encompassing approximately 3.2 acres, offers high visibility and traffic exposure. The property consists of three contiguous parcels, including two zoned CG (Commercial General) and one zoned SF-1. The zoning allows for a range of permitted uses such as restaurants, hotels, medical offices, automotive services, and retail centers. Daily traffic counts exceed 74,000 vehicles. The location is surrounded by national retailers including Costco, T.J. Maxx, Olive Garden, Crunch Fitness, and Panera, and is minutes from downtown Champaign and the University of Illinois. This site is suitable for commercial, mixed-use, hospitality, or retail development and is located in a rapidly growing commercial district.
Key Highlights
- Premier development opportunity with exceptional visibility and high traffic exposure.
- Flexible zoning allows for a broad range of commercial, mixed‑use, hospitality, or retail developments.
- Located in a rapidly growing commercial corridor surrounded by national retailers.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
Explore this area
Business Placement
Demographics for 61820, IL
40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime 3.2-acre site near I-74 in Champaign, Illinois.
Where is this commercial land located?
The property is located at 1512 N Neil St Champaign, IL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Premier development opportunity with exceptional visibility and high traffic exposure.; Flexible zoning allows for a broad range of commercial, mixed‑use, hospitality, or retail developments.; Located in a rapidly growing commercial corridor surrounded by national retailers.
