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    2409 Fld Dr Champaign, IL 61822

    Sponsored
    For Sale
    $815,000

    2.5-acre development site near Carle

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    Prime 2.5-acre commercial lot ($815,000) in southwest Champaign, IL, at the intersection of Windsor Road and Fields South Drive. This development-ready site boasts approximately 296 feet of frontage on Windsor Road and is ideally situated at the entrance to the Carle at the Fields medical campus and the Champaign County YMCA. All utilities are available. The property is zoned CO (Commercial Office), permitting a wide range of uses. The strategic location benefits from proximity to Interstate 57 and Staley Road, and is surrounded by a thriving mix of medical facilities, restaurants, retail, luxury apartments, and high-end residential subdivisions including Windsor West (316 units), Legends Apartments (324 units), and the Landing at Legends (214 units). The site's 46-20-28-126-005, 007 APN ensures easy identification and streamlined transactions. This exceptional opportunity presents a strong investment potential for developers seeking a high-visibility location within a rapidly growing area. The property's size and zoning make it suitable for a variety of commercial ventures, capitalizing on the significant foot traffic and established infrastructure of the surrounding community.

    Property Features for 2409 Fld Dr

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • Excellent development opportunity.
    • Highly versatile site suitable for diverse uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.309674
    Latitude
    40.083453

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    FAQs

    What type of property is this?
    Land - 2.5-acre development site near Carle
    Where is this land located?
    The property is located at 2409 Fld Dr Champaign, IL.
    What is the asking price?
    The asking price for this property is $815,000.
    What are key features of this property?
    This property features: Excellent development opportunity.; Highly versatile site suitable for diverse uses.;
    (217) 403-3424
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2409 Fld Dr Champaign, IL 61822
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