Property summary
This exceptional 0.59 to 2.26-acre land parcel presents a unique redevelopment opportunity in Champaign, Illinois. Located at the corner of East University Avenue and Clark Street, this property boasts a highly desirable CB1 - Central Business Urban Fringe zoning designation. Its strategic location places it within walking distance of the University of Illinois Urbana-Champaign campus, downtown Champaign, and the Amtrak/Greyhound station. The site's proximity to Boneyard Creek and its… associated walking trails provides attractive green space and enhances the property's appeal. With high visibility on University Avenue (19,900 vehicles per day) and First Street (5,600 vehicles per day), this location offers unparalleled access to a large and diverse population. The property's size allows for economies of scale, enabling developers to create a high-amenity project targeting graduate students, young professionals, and the growing tech community. This presents a chance to capitalize on the strong demand for housing near the university and downtown, including the underserved high-end studio apartment market. The site's location within the East University TIF District offers additional development incentives. This is a truly exceptional opportunity to develop a mixed-use project in a thriving, dynamic market. The property is situated in the midtown submarket, known for its robust studio apartment market. The University of Illinois Urbana-Champaign, with over 56,000 students, provides a substantial and consistent population base. The site's location offers a balance between proximity to campus and the vibrancy of downtown Champaign, making it an ideal location for a variety of development projects.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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