Champaign Development Land Near
For Sale
Contact for pricing
N Prospect Ave, Champaign, IL 61822
Development land near Prospect Avenue growth corridor.
Property SizeContact for details
Days on Market2495
Property Features for N Prospect Ave
General Information
Standard status
Active
Property subtype
Land
Zoning
MF3, CN, CG
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 352-7712
Listed By:
Tim Harrington · License #IL
Source:
Crexi
Added: Oct 23, 2019
Changed: Aug 11
Last Checked: Aug 20 at 12:03AM
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
Investment Insights
Based on property information with market context.
Development land is available near Champaign’s Prospect Avenue growth corridor. Numerous lots and outlots are available for retail and multifamily development. Lot 4 is a 6.25-acre multifamily lot that is fully improved with all utilities to the site and ready for development. The lot is zoned MF3 –Multifamily High Density. Lot 8 is an 8-acre parcel that can be subdivided as small as 1 acre, is fully improved with all utilities to the site, and is ready for development. Lot 9 is a 5.35-acre parcel that is fully improved with all utilities to the site and ready for development. Outlots 3 and 4 comprise a 2.94-acre outlot that can be divided in half to 1.47 acres and is fully improved with all utilities to the site, and ready for development. The center is anchored by Walmart and Aldi; Starbucks, Sprint, and H&R Block are located in adjoining outlots. The lot is zoned CG – Commercial General, which offers a wide variety of development options. These lots are ideally located on and around North Prospect Avenue, providing easy access to the North Prospect retail corridor, Interstate 57, and Interstate 74, and are just minutes from the University of Illinois, Carle Hospital, and Presence Medical Center. Countless amenities surround the property, including numerous shopping, dining, business, and entertainment options.
Key Highlights
- Prime development land located near Champaign’s Prospect Avenue growth corridor.
- Fully improved lots with all utilities to the site, ready for immediate development.
- Anchored by Walmart and Aldi, with other established businesses in adjoining outlots.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
690
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 land near Prospect Avenue growth corridor.
Where is this commercial land located?
The property is located at N Prospect Ave Champaign, IL.
What are key features of this property?
This property features: Prime development land located near Champaign’s Prospect Avenue growth corridor.; Fully improved lots with all utilities to the site, ready for immediate development.; Anchored by Walmart and Aldi, with other established businesses in adjoining outlots.
