N Neil St & Interstate Dr, Champaign, IL 61822

These multi-family lots are located less than 1 mile from Interstate 57, within 2 miles of Interstate 74, and within 3 miles of Interstate 72. Champaign is conveniently located 135 miles from Chicago, 180 miles from St. Louis, 120 miles from Indianapolis, 90 miles & 50 miles from Peoria & Bloomington, and 90 miles & 50 miles from Springfield & Decatur. Ashland South Multi-Family land is one of the last remaining large multi-family tracts available in the heart of Champaign’s retail corridor. Currently, Lot 1 and Lot 2 are available for sale and are shovel ready. Lot 1 is a 2.947-acre lot that has frontage on Interstate Dr & Toalson Lane. Lot 2 is a 9.848-acre lot that has frontage on Interstate Dr., Toalson Lane, and Neil St. The properties are currently zoned MF1, Multifamily Low Density District, which provides for low-density multifamily dwellings. The multifamily buildings are generally low-rise, lower-density apartments of two to three stories. Open space and recreational amenities should be provided for residents. The MF1 District is appropriate next to areas with low-density single-family development patterns and may serve as a transitional use. Density is controlled by the floor area ratio and open space ratio. The average density will range from 12 to 30 units per acre. The Atkins Group is prepared to sell lots, pursue tenant improvements, or offer build-to-suite solutions for companies of all sizes.