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Urbana Land For Sale

402 W Griggs Street, Urbana, IL 61801

For Sale
$400,000

Land, Urbana, IL

Property SizeContact for details
Lot Size1.08 Acres
Days on Market462

Property Features for 402 W Griggs Street

General Information

Property type Land
Property subtype Other
Elementary school Urbana Elementary School
Middle school Urbana Middle School
High school Urbana High School
Elementary school district 116
Middle school district 116
High school district 116
Directions Take Race Street then west on Griggs
Subdivision Urbana
Standard status Active
APN 912108379005
Lot size 1.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Lot 7 Busey's S.T Add Urbana
Tax Annual Amount 4629
Legal Description Lot 7 Busey's S.T Add Urbana

Utilities

Utilities Water Available
Listing Agency: RE/MAX REALTY ASSOCIATES-CHA · RE/MAX International
Listed By: Michael Cross · License IL #475142215
Added: Aug 5, 2025 Changed: Aug 20 Last Checked: Nov 9 at 8:06PM
MLS# 12438439

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This commercial land, located in Urbana, Illinois, offers a lot size of 1.08 acres. The property is zoned for commercial real estate use.

Key Highlights

  • Water available
  • Location coordinates provided

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Plumbing Service Dental Office (Bike/Boat/Book/etc) Store Accounting Firm Kitchen & Bath Showroom Furniture & Home Goods

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

2,318
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Urbana

Jul
Aug
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land available in Urbana, Illinois.
Where is this commercial land located?
The property is located at 402 W Griggs Street Urbana, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Water available; Location coordinates provided
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Includes: Price & PSF · Cap rate · Location · Zoning

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