0 I-57, Champaign, IL 61822
This exceptional 6.88-acre commercial and industrial land parcel, located in the Atkins 150 Subdivision in Champaign, Illinois, presents a unique investment opportunity. Situated in the IBP – Interstate Business Park District, this property boasts convenient access to three major interstates: I-57, I-72, and I-74, placing it within easy reach of regional transportation networks. The site is strategically positioned along Bloomington Road (US 150), just southwest of the I-57/I-74 interchange, offering excellent visibility and accessibility. All utilities are available on-site, simplifying development plans. The property is divisible into two roughly equal parcels, providing flexibility for various development scenarios. Its location within an Enterprise Zone offers potential economic incentives. The property's APN is 41-14-34-300-013 and is zoned for Interstate Business Park District uses, details of which can be found in the Champaign Municipal Code. The land is less than 2.5 miles from I-57 and within 5 miles of I-74 and 6 miles of I-72. This prime location, combined with its size and zoning, makes it ideal for a wide range of industrial and commercial uses. The asking price is $619,200.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.