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Zoned Multi-Family Development Land

35 W Olympian Drive Champaign, Champaign, IL 61822

For Sale
$1,400,000

Development land at N Market St and W Olympian Dr with MF1 zoning and documented AADT traffic counts.

Property SizeContact for details
Days on Market130

Property Features for 35 W Olympian Drive Champaign

General Information

Standard status Active
Property subtype Land
Zoning MULTI

Additional Details

Traffic Count 6,150 vehicles/day

Taxes and HOA fees

Annual Taxes $2,511

Amenities

Public Road
679X1203X433X70X886X964X436X500'
35.47
No
2191
Concrete
Listed By: Jorge Trujillo
Source: Remaxadream
Added: Jul 8 Changed: Nov 13 Last Checked: Oct 7 at 9:22AM

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 Jorge Trujillo

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Investment Insights

Based on property information with market context.

This for-sale development site is located at the intersection of N Market St and W Olympian Dr in Champaign. The property is currently zoned Multi-Family (MF1), with surrounding property described as a mix of commercial and residential zoning categories.

Traffic counts provided for the intersection area include 6,150 AADT on N Market St and 3,450 AADT on W Olympian Dr.

Market Place Mall is listed as approximately 1 mile south, with additional major retail, restaurants, and residential properties described within about 1–1.5 miles southwest, including Best Buy, Chick-Fil-a, Costco, Meijer, Binny's, Kohl's, Olive Garden, Planet Fitness, and several apartment communities.

Key Highlights

  • 35.47‑acre development site at N Market St and W Olympian Dr with MF1 (Multi‑Family) zoning
  • At the intersection of N Market St and W Olympian Dr with documented traffic counts of 6,150 AADT on N Market St
  • Documented traffic counts of 3,450 AADT on W Olympian Dr

Property Analytics

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Grocery & Convenience Store Auto Parts Store (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.

Lease Details

6,150 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

97
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 Commercial land in Champaign

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Development land at N Market St and W Olympian Dr with MF1 zoning and documented AADT traffic counts.
Where is this commercial land located?
The property is located at 35 W Olympian Drive Champaign Champaign, IL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 35.47‑acre development site at N Market St and W Olympian Dr with MF1 (Multi‑Family) zoning; At the intersection of N Market St and W Olympian Dr with documented traffic counts of 6,150 AADT on N Market St; Documented traffic counts of 3,450 AADT on W Olympian Dr
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