3108 Duncan Rd Champaign, IL 61822
- Commercial real estate
- 4.42 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3108 Duncan Rd
- Lot size
- 4.42 lot acres
- Property type
- Commercial real estate
- APN
- 03-20-27-300-013
Description
This exceptional 4.42-acre parcel presents a rare development opportunity in southwest Champaign, Illinois. Situated on South Duncan Road, this property is one of the last undeveloped tracts along this desirable corridor, north of Curtis Road. Currently zoned AG-2, the land offers significant potential, given the adjacent properties' Single Family 1 and Multi Family 1 zoning in the nearby Cherry Hills subdivision. The property includes an existing single-family rental home, providing immediate income generation while development plans are underway. Utilities, including gas, electric, and water, are readily available on-site. While currently utilizing a septic system, sanitary sewer access is conveniently located along Duncan Road. The location boasts excellent accessibility, approximately half a mile from Curtis Road, a major arterial connecting to Interstate 57 and Neil Street. This strategic position places the property within two miles of Carle at the Fields and the Village at the Crossing, enhancing its appeal. High traffic counts are a significant advantage, with an average of 8,600 vehicles daily at the Curtis Road/Duncan Road intersection and 4,700 vehicles passing directly in front of the property. The asking price is $770,140, and the property is offered fee simple. The existing rental lease expires July 29, 2025. The APN is 03-20-27-300-013.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.295132637731
- Latitude
- 40.074612598499
