Champaign Development Site For
For Sale
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W Olympian Dr AND N MARKET ST CHAMPAIGN IL, Champaign, IL 61822
Development site in a rapidly growing area of Champaign-Urbana.
Property SizeContact for details
Days on Market891
Property Features for W Olympian Dr AND N MARKET ST CHAMPAIGN IL
General Information
Standard status
Active
Property subtype
Land
Zoning
Multifamily MF1
Listing Agency:
Coldwell Banker Real Estate Champaign
(217) 351-1988
Listed By:
Jeremy Brandow · License #IL 475142156
Source:
Crexi
Added: Mar 14, 2024
Changed: Aug 14
Last Checked: Aug 20 at 9:35AM
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 Real Estate Champaign
Investment Insights
Based on property information with market context.
This development site is located at the intersection of N Market St and W Olympian Dr in Champaign, Illinois. The area experiences high daily traffic counts, with 6,150 AADT on N Market St and 3,450 AADT on W Olympian Dr. The current zoning is Multi-Family (MF1). The surrounding area includes commercially and residentially zoned properties. Market Place Mall is located 1 mile to the south. Additional retail, restaurants, and residential areas are located 1 to 1.5 miles southwest, including Best Buy, Chick-Fil-a, Costco, Meijer, Binny's, Kohl's, Market Place Mall, Olive Garden, Planet Fitness, Nantucket Cove Apartments, Baytown Apartments, Buffalo Wild Wings, and Denver Mattress.
Key Highlights
- Excellent development site in a rapidly growing area of Champaign‑Urbana.
- High daily traffic counts at the intersection of N Market St and W Olympian Dr.
- Zoned Multi‑Family (MF1).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,846
Businesses Nearby
Explore this area
Business Placement
Demographics for 61822, IL
25,091
Population
11,923
Households
2.1
Avg Household Size
38
Median Age
58%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
234
Density / Sq Mi
$97,044
Median Household Income
$55,385
Median Earnings
$1,265
Median Rent
$264,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Development site in a rapidly growing area of Champaign-Urbana.
Where is this commercial land located?
The property is located at W Olympian Dr AND N MARKET ST CHAMPAIGN IL Champaign, IL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Excellent development site in a rapidly growing area of Champaign‑Urbana.; High daily traffic counts at the intersection of N Market St and W Olympian Dr.; Zoned Multi‑Family (MF1).
