Corner Multifamily Development
For Sale
Contact for pricing
Pending
207 N Gregory St, Urbana, IL 61801
Corner parcel is zoned B3U and served by public utilities, with an older interim dwelling on site.
Property SizeContact for details
Lot Size0.12 Acres
Days on Market124
Property Features for 207 N Gregory St
General Information
Standard status
Pending
Lot size
0.12 Acres
Property subtype
Land, Multifamily
Zoning
B3U
Additional Details
Utilities to Site
Yes
Listing Agency:
North Star Equities
(217) 367-1700
Listed By:
Alex Ruggieri, CCIM · License #IL 475080956
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Apr 11 at 12:01AM
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 North Star Equities
Investment Insights
Based on property information with market context.
The property is a corner parcel measuring 66' x 78' (5,148 SF) and is being marketed as a land site for future multifamily development. The site contains an older home that is considered an interim use pending redevelopment.
The parcel is zoned B3U, General Business University District/Enterprise Zone. The current dwelling is leased through August 6, 2020 at $2,000 per month. All public utilities serve the site.
The brief legal description is the North 78' of Lot 1 in Block 48 Seminary Addition, Champaign County, Illinois.
The parcel is zoned B3U, General Business University District/Enterprise Zone. The current dwelling is leased through August 6, 2020 at $2,000 per month. All public utilities serve the site.
The brief legal description is the North 78' of Lot 1 in Block 48 Seminary Addition, Champaign County, Illinois.
Key Highlights
- Corner lot measuring 66' x 78' with 5,148 SF for future multifamily development
- Zoned B3U (General Business University District / Enterprise Zone)
- Parcel is served by all public utilities
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,578
Businesses Nearby
Explore this area
Business Placement
Demographics for 61801, IL
27,658
Population
13,468
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,122
Density / Sq Mi
$37,948
Median Household Income
$26,394
Median Earnings
$950
Median Rent
$184,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Corner parcel is zoned B3U and served by public utilities, with an older interim dwelling on site.
Where is this residential land & home lot located?
The property is located at 207 N Gregory St Urbana, IL.
What are key features of this property?
This property features: Corner lot measuring 66' x 78' with 5,148 SF for future multifamily development; Zoned B3U (General Business University District / Enterprise Zone); Parcel is served by all public utilities
