1701 Rion Dr Champaign, IL 61822

Property Details for 1701 Rion Dr

Lot size

3.28 lot acres

Property type

Commercial real estate

APN

411426352018

APU

411426352018

Description

This exceptional 3.28-acre commercial lot, located at 1701 Rion Dr in Champaign, Illinois, presents a unique investment opportunity. Situated in the Olympian North Business Park, this fee-simple property boasts a prime location on the near north side of Champaign, conveniently accessible via Interstate-57, exit 328. The lot's strategic placement offers high visibility and easy access for businesses. Originally planned for a hotel, this parcel is ready for development, benefiting from existing infrastructure. The property is zoned CG Enterprise Zone and enjoys proximity to established businesses including a Dairy Queen Grille & Chill, Circle K, and a Microtel Inn by Wyndham, ensuring a thriving commercial environment. A significant advantage is its location at the first exit from I-57 northbound into Champaign, providing excellent access for customers and employees. Furthermore, a 4-acre lake borders the property to the south, offering an attractive natural amenity. The high daily traffic count of 24,700 vehicles on I-57 underscores the significant potential for commercial success. The asking price for this exceptional property is $675,000. The APN is 41-14-26-352-018.

Location Insight

City

Champaign

County

Champaign

State

Illinois

Longitude

-88.2741

Latitude

40.1592

CBSA code

16580

CBSA name

CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments