Prime Development Land For Sale

234 S Neil St, Champaign, IL 61820

  • For Sale $5,950,000
  • Property Type VacantLand
  • Lot Size 3.31 Acre
  • Additional Rent Contact for pricing
  • Date Updated Dec 22, 2024
Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale an incredible opportunity to acquire approximately 3.307 acres of prime development land located in Champaign, Illinois at the convergence of Downtown, Midtown and Campustown. This is truly a unique opportunity to acquire a large development site in a dense location with flexible zoning, and it may be possible for a buyer to assemble additional parcels to create an even larger development site. The property consists of 10 parcels totaling approximately 144,053 SF (3.307 acres) and the site is mixed-zoned CB1 – Central Business Urban Fringe and CB2 – Central Business Downtown. CB1 zoning allows for a maximum building height of 85’ and CB2 allows for 115’, while neither zoning classification has any setback, open space reserve (OSR) or floor to area ratio (FAR) requirements. There are 8 vacant buildings across the parcels that were built between 1915 and 1980 – building sizes are listed on page 4 under Parcel Information.
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Highlights

  • The property is extremely well situated between Downtown Champaign and the University of Illinois, which boasts an enrollment of over 56,000 students, and 15,000+ faculty and staff. The site is easily accessed and bordered to the north by the Illinois Terminal, to the west by Neil Street and to the south by Springfield Avenue both of which are major arterials through the market.

Contacts

broker
Joshua Markiewicz

Coldwell Banker Commercial Devonshire Realty

Location

Getting Around

  • Walk Score ®

    96/100 Walker's Paradise

  • Transit Score ®

    56/100 Good Transit

  • Bike Score ®

    90/100 Biker's Paradise
Powered by Walk Score ®
  • City Champaign, IL
  • Neighborhood Downtown Champaign
  • Zip Code 61820

Points of Interest

  • Champaign-Urbana

    0.15 miles

  • Circle K

    0.37 miles

  • ChargePoint

    0.99 miles

  • QuikTrip

    1.24 miles

  • Shell

    1.35 miles

  • Mobil

    1.47 miles

  • Tesla Supercharger

    2.38 miles

  • Main and Market

    0.27 miles

  • North First Street Lot

    0.31 miles

  • Laura Apartments Parking

    0.32 miles

  • Whitehall Apartments Garage

    0.35 miles

  • Walnut and Washington

    0.37 miles

  • Parkette 151

    0.48 miles

  • Parkette 154

    0.55 miles

  • Campus Center

    0.67 miles

  • C10

    0.74 miles

  • C7

    0.75 miles

  • Hyatt Place

    0.27 miles

  • Champaign Garden Inn

    0.48 miles

  • TownePlace Suites

    0.69 miles

  • Hampton

    0.99 miles

  • Homewood Suites by Hilton Champaign-Urbana

    1.02 miles

  • Holiday Inn

    1.24 miles

  • iHotel & Conference Center

    1.46 miles

  • Red Roof Inn Champaign - University

    1.50 miles

  • Baymont Champaign

    1.51 miles

  • Home2 Suites by Hilton Champaign/Urbana

    1.53 miles

  • Subway

    0.16 miles

  • Pizzeria Antica

    0.18 miles

  • Sam's Cafe

    0.19 miles

  • Maize

    0.21 miles

  • Golden Harbor

    0.21 miles

  • DD Fish

    0.23 miles

  • Nando Milano

    0.23 miles

  • Hamilton Walker's

    0.23 miles

  • Ko-Fusion

    0.24 miles

  • Manzella's

    0.25 miles

  • ROE READY Program

    0.14 miles

  • Edison Middle School

    0.33 miles

  • Holy Cross Church

    0.33 miles

  • Holy Cross School

    0.35 miles

  • Marquette School

    0.50 miles

  • Central High School

    0.54 miles

  • Willard School

    0.66 miles

  • Stratton Elementary School

    0.73 miles

  • Southside Elementary School

    0.74 miles

  • Technology Plaza

    0.75 miles

  • Don Moyer Boys & Girls Club

    0.39 miles

  • The Caring Place

    1.31 miles

  • Cooperative Nursery School

    1.51 miles

  • FIRST Kids

    1.93 miles

  • La Petite Academy

    2.23 miles

  • Next Generation Early Education

    2.45 miles

  • Next Generation Preschool

    2.53 miles

  • Little Hearts and Hands, Inc.

    3.63 miles

  • First School

    9.03 miles

Frequently Asked Questions

How much does Prime Development Land For Sale cost?

The space currently listed for sale at Prime Development Land For Sale asks for $5,950,000.

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Contact Listing Broker
broker
Joshua Markiewicz

Coldwell Banker Commercial Devonshire Realty