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1512 N Neil St - High Traffic/Vis. - Entryway to UIUC 3.24 Acres of Commercial Land Offered at $3,201,738 CAD in Champaign, IL 61820


Investment Highlights
- Signalized corner location with visibility from Interstate 74
- Surrounded by established national retailers and commercial uses
- Positioned along a major gateway to downtown Champaign
- Commercial zoning supports a broad range of development options
Executive Summary
The site consists of approximately 3.20 acres and includes Commercial General zoning on the majority of the property, supporting a broad range of commercial development possibilities. The combination of visibility, access, and zoning flexibility creates opportunities for retail, hospitality, medical, automotive, service-oriented, and mixed-use concepts, subject to applicable approvals and municipal requirements.
Neil Street serves as a major connection between Interstate 74, downtown Champaign, and the University of Illinois area, providing convenient access for customers, employees, visitors, and service providers. The property's location near major retail concentrations and established commercial activity supports long-term development potential while benefiting from existing infrastructure and regional connectivity.
For investors, developers, and owner-users, the site offers a highly visible commercial location within one of Champaign's primary business corridors. Its frontage, signalized access, and proximity to major demand generators position the property for a variety of future commercial uses while providing immediate recognition from passing traffic.
Property Facts
| Price | $3,201,738 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.24 AC |
| Property Type | Land | ||
| Zoning | CG - General Commercial | ||
| Price | $3,201,738 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.24 AC |
| Zoning | CG - General Commercial |
1 Lot Available
Lot
| Price | $3,201,738 CAD | Lot Size | 3.24 AC |
| Price Per AC | $988,190.77 CAD |
| Price | $3,201,738 CAD |
| Price Per AC | $988,190.77 CAD |
| Lot Size | 3.24 AC |
3.20-acre commercial land site at the signalized Neil Street/I-74 interchange with interstate visibility, utility availability, and zoning that supports a broad range of commercial development opportunities.
Description
The property consists of approximately 3.20 acres located at the southeast corner of North Neil Street and Interstate 74 in Champaign, Illinois. The site includes Commercial General and SF-1 zoning designations and has access to surrounding utility infrastructure. The property is situated near established retail, restaurant, and service businesses and is positioned along a corridor connecting Interstate 74 with downtown Champaign and the University of Illinois area.
Property Taxes
| Parcel Number | 41-20-01-426-006 | Improvements Assessment | $0 CAD |
| Land Assessment | $106,359 CAD | Total Assessment | $106,359 CAD |
Property Taxes
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1512 N Neil St - High Traffic/Vis. - Entryway to UIUC
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