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2302 N Cunningham Ave
Urbana, IL 61802
Pickerill Farm · Land For Sale
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26.10 AC
Investment Highlights
- City of Urbana Offering Incentive for Land Development.
- Placed next to a Peter Bilt store for more exposure.
- Last Urbana interstate exit with commericial land available.
- Sellers are highly motivated, creating an opportunity for timely acquisition.
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $1,512,313 CAD | Lot Size | 26.10 AC |
| Price Per AC | $57,943.03 CAD |
| Price | $1,512,313 CAD |
| Price Per AC | $57,943.03 CAD |
| Lot Size | 26.10 AC |
One of the last interstate development parcels in the Champaign-Urbana area. Great visibility and access. B-3 zoning allows for a variety of light industrial use. Real estate tax rebates available for 5 years. Two families, very motivated......
Description
This offering presents one of the last remaining interstate development parcels in the Champaign-Urbana area, providing a rare opportunity for investors and developers seeking a highly visible and accessible location. Spanning approximately 26.13 acres across two PINs, the property is positioned within a TIF district, offering potential financial incentives for development. The site is zoned B-3, accommodating a wide range of commercial and light industrial uses, including automotive and truck sales, truck stop facilities, and light industrial lots. Its strategic location near major transportation routes ensures strong connectivity for logistics, retail, and service-oriented businesses. With motivated sellers who have inherited the land, this property represents a compelling acquisition for those looking to capitalize on the growth and economic activity in the Champaign-Urbana market. The combination of zoning flexibility, TIF benefits, and interstate visibility makes this parcel an attractive choice for a variety of development strategies.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $24,458 CAD | Total Assessment | $24,458 CAD |
Property Taxes
