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Development Land with CB2 Zoning
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210 S Walnut St, Champaign, IL 61820

Four-parcel development site zoned CB2, with up to 115-foot maximum building height and no setback, OSR, or FAR requirements.

Property SizeContact for details
Lot Size0.66 Acres
Days on Market360

Property Features for 210 S Walnut St

General Information

Standard status Active
Lot size 0.66 Acres
Property subtype LAND
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Tim Harrington
Source: Moodyscre
Added: Aug 26, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:48PM

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 Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This development land offering consists of four parcels totaling approximately 28,662 SF. The site is zoned CB2 – Central Business Downtown. Under the CB2 zoning parameters described, the maximum building height is 115’ and the district does not have any setback, open space reserve (OSR), or floor to area ratio (FAR) requirements.

The property is positioned in a dense location at 210 S Walnut St. The information provided also notes that it may be possible for a buyer to assemble additional parcels to create an even larger development site.

With the flexibility reflected in the stated zoning requirements, this parcel set is designed to accommodate a range of development approaches within the CB2 framework as permitted by applicable regulations and approvals.

Key Highlights

  • 210 S Walnut St, Champaign, IL development land
  • Four parcels totaling approximately 28,662 SF
  • Zoned CB2 – Central Business Downtown

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Auto Parts Store Grocery & Convenience Store Storage Facility Pet Grooming Service (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

2,624
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Four-parcel development site zoned CB2, with up to 115-foot maximum building height and no setback, OSR, or FAR requirements.
Where is this commercial land located?
The property is located at 210 S Walnut St Champaign, IL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 210 S Walnut St, Champaign, IL development land; Four parcels totaling approximately 28,662 SF; Zoned CB2 – Central Business Downtown
(217) 403-3424 Call to check price and availability
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