1701 Rion Dr Champaign, IL 61822
- Commercial real estate
- 3.28 lot acres
Current Use by Public Records
- Commercial real estate
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $340,000
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Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2741
- Latitude
- 40.1592
- CBSA code
- 16580
- CBSA name
- CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
