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    Property profile & analytics
    FOR SALE
    Commercial land

    1504 Newton Dr, Champaign, IL 61822

    2.08 ac lot
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-3593680
    1504 Newton Dr, Champaign, IL 61822 For Sale
    $225,000
    1504 Newton Dr, Champaign, IL 61822
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    Property summary
    AI-generated overview

    This exceptional 2.31-acre industrial lot is ideally situated in Champaign's Interstate Research Park, offering unparalleled access to major transportation arteries. Located at 1504 Newton Drive, Champaign, IL 61822 (APN: 41-14-35-126-011), this shovel-ready property boasts convenient access to the I-57 and Olympian Drive interchange, ensuring seamless logistics for your business. All utilities are readily available on-site. The property is zoned Industrial 1, making it suitable for a variety of industrial uses. The seller is open to build-to-suit projects, offering flexibility to tailor the development to your specific needs. This presents a unique opportunity to establish a presence in a thriving industrial park with excellent connectivity. Furthermore, an additional 4.09 acres of contiguous land is also available for expansion. The Interstate Research Park's strategic location provides easy access to I-72 and I-74 within a short distance, and the recently improved Olympian Drive connects to Lincoln Avenue and Market Street, offering convenient access to shopping and dining options at Market Place Mall and the N. Prospect district. This prime location and build-to-suit potential make this an exceptional investment opportunity.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 2.08 ac (90,605 SF)
    APN 411435126011
    UPID US28-3593680
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Taaj 1504 LLC · 1 yrs held
    Taaj 1504 LLC
    since 2025
    1 recorded transaction
    2025
    $213,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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