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    OFF-MARKET
    Land

    0 I-57, Champaign, IL 61822

    6.88 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 6.88 ac (299,693 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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