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    Wood Duck Ln Champaign, IL 61820

    Sponsored
    For Sale
    $2,212,848

    Prime Champaign development land, mixed zoning, I-57/74 access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 18.8-acre development site in Champaign, Illinois, presents a unique investment opportunity. The property, identified by APN 41-14-36-400-029, is divisible and boasts nearly 1,500 feet of frontage along Market Street. Zoned CG and CO, it offers flexibility for a wide range of commercial and industrial uses. The land is naturally divided by Wood Duck Drive, with approximately 3.8 acres (CG zoning) to the south and approximately 15 acres to the north (approximately 7.4 acres CG and 7.6 acres CO). Individual lot pricing is available: Lot 107 (CO): approximately 7.6 acres at $2.50/SF

    Property Features for 0 Wood Duck Ln

    General Information

    Property type
    Land
    Lot Size
    165,528 SF

    HighLights

    • Excellent development opportunity.
    • Highly versatile zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2400242
    Latitude
    40.1455138

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    FAQs

    What type of property is this?
    Land - Prime Champaign development land, mixed zoning, I-57/74 access
    Where is this land located?
    The property is located at Wood Duck Ln Champaign, IL.
    What is the asking price?
    The asking price for this property is $2,212,848.
    What are key features of this property?
    This property features: Excellent development opportunity.; Highly versatile zoning.;
    Request Owner's contact information
    Wood Duck Ln Champaign, IL 61820
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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
    Wood Duck Ln Champaign, IL 61820
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