Multi-Family Development Land
For Sale
Contact for pricing
3000 S Philo Rd, Urbana, IL 61801
24.38 acres for multi-family development in southeast Urbana.
Property SizeContact for details
Lot Size24.38 Acres
Days on Market1452
Property Features for 3000 S Philo Rd
General Information
Standard status
Active
Lot size
24.38 Acres
Property subtype
Land
Zoning
Residential 4
Listing Agency:
Guth & Associates
(217) 355-2545
Listed By:
Jill Guth · License #IL 471.020488
Source:
Crexi
Added: Aug 30, 2022
Changed: Aug 8
Last Checked: Aug 8 at 4:29AM
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 Guth & Associates
Investment Insights
Based on property information with market context.
This offering features 24.38 acres of multi-family development land in the Stone Creek Commons area of southeast Urbana. The property includes three parcels with frontage on a scenic pond and proximity to modern amenities. The location provides views of two ponds, walking trails, mature trees, and landscaped areas. It is within walking distance to The Pines retail center, offering dining, shopping, and essential services. Situated near the intersection of Windsor and Philo Roads, the property provides access to Champaign, Urbana, and the University of Illinois. Nearby attractions and services include Meijer, Carle Clinic, Christie Clinic, and Little Hearts and Hands Daycare. The property is also minutes from the Atkins Golf Club at the University of Illinois and surrounded by residential neighborhoods. The included parcels are 93-12-28-200-018, 93-12-28-200-019 and 93-12-28-200-035. This land is an opportunity for a multi-family development project.
Key Highlights
- 24.38 acres of multi‑family development land in the desirable Stone Creek Commons area.
- Frontage on a scenic pond with tranquil views, walking trails, mature trees, and landscaped areas.
- Walking distance to The Pines retail center (dining, shopping, essential services).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 24.38 acres for multi-family development in southeast Urbana.
Where is this residential land & home lot located?
The property is located at 3000 S Philo Rd Urbana, IL.
What is the asking price?
The asking price for this property is $2,654,982.
What are key features of this property?
This property features: 24.38 acres of multi‑family development land in the desirable Stone Creek Commons area.; Frontage on a scenic pond with tranquil views, walking trails, mature trees, and landscaped areas.; Walking distance to The Pines retail center (dining, shopping, essential services).
