214 S Walnut St Champaign, IL 61820
28,970 SF development site near Downtown and University of Illinois.
Type:Land
Lot size:
0.67 Acres- Added:
- Sep 25, 2024
- Days on Market:
- 574
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 214 S Walnut St
General Information
- Standard status
- Active
- Lot size
- 0.67 Acres
- Property subtype
- Land
Listing agent Josh Markiewicz License #IL
Listing office Coldwell Banker Commercial Devonshire Realty
Listing date Sep 25, 2024
Source Crexi
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
Overview
Prime Development Land in Champaign
Approximately 28,970 SF of development land is available for sale in Champaign, Illinois, situated at the convergence of Downtown, Midtown, and Campustown. This site offers a development opportunity in a dense location with flexible zoning. The property consists of 2 parcels. The site is zoned CB2 – Central Business Downtown, which allows for a maximum building height of 115’ and has no setback, open space reserve (OSR), or floor to area ratio (FAR) requirements. There are 2 vacant buildings across the parcels that were built between 1945 and 1980. The property is located between Downtown Champaign and the University of Illinois, which has over 56,000 students and more than 15,000 faculty and staff. The site is easily accessed and bordered to the north by the Illinois Terminal, to the west by Neil Street, and to the south by Springfield Avenue.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Rogards
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.243017
- Latitude
- 40.114436
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 28,970 SF development site near Downtown and University of Illinois.
Where is this commercial land located?
The property is located at 214 S Walnut St Champaign, IL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Prime development land at the convergence of Downtown, Midtown, and Campustown Champaign, Illinois.; Flexible CB2 zoning with a maximum building height of 115' and no setback, open space reserve (OSR), or floor to area ratio (FAR) requirements.; Potential to assemble additional parcels to create a larger development site.
