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2700 N Market St
Champaign, IL 61822
Land For Sale
·
37.60 AC
INVESTMENT HIGHLIGHTS
- Flexible Zoning
- Located Nearby Future Costco
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Owner User | Property Subtype | Industrial |
| No. Lots | 4 | Total Lot Size | 37.60 AC |
| Property Type | Land | ||
| Zoning | CG, CO | ||
| Sale Type | Owner User |
| No. Lots | 4 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 37.60 AC |
| Zoning | CG, CO |
4 LOTS AVAILABLE
Lot 107
| Price | $1,140,322 CAD | Lot Size | 7.60 AC |
| Price Per AC | $150,042.42 CAD |
| Price | $1,140,322 CAD |
| Price Per AC | $150,042.42 CAD |
| Lot Size | 7.60 AC |
Lot 107 (CO): +/- 7.6 Acres @ $2.50/SF
Lot 108
| Price | $1,110,314 CAD | Lot Size | 7.40 AC |
| Price Per AC | $150,042.42 CAD |
| Price | $1,110,314 CAD |
| Price Per AC | $150,042.42 CAD |
| Lot Size | 7.40 AC |
Lot 108 (CG): +/- 7.4 Acres @ $2.50/SF
Lot 109
| Price | $798,226 CAD | Lot Size | 3.80 AC |
| Price Per AC | $210,059.39 CAD |
| Price | $798,226 CAD |
| Price Per AC | $210,059.39 CAD |
| Lot Size | 3.80 AC |
Lot 109 (CG): +/- 3.8 Acres @ $3.50/SF
Lot 107-109
| Price | $3,048,862 CAD | Lot Size | 18.80 AC |
| Price Per AC | $162,173.51 CAD |
| Price | $3,048,862 CAD |
| Price Per AC | $162,173.51 CAD |
| Lot Size | 18.80 AC |
All three lots combined.
DESCRIPTION
This +/- 18.8 acre (divisible) development site is mixed-zoned Commercial Office (CO) and Commercial General (CG) and benefits from nearly 1,500 feet of frontage along Market Street. The property is naturally divided by Wood Duck Drive with +/- 3.8 acres (zoned CG) to the south and +/- 15 acres to the north (+/- 7.4 acres CG and +/- 7.6 acres CO). Lot 107 (CO): +/- 7.6 Acres @ $2.50/SF Lot 108 (CG): +/- 7.4 Acres @ $2.50/SF Lot 109 (CG): +/- 3.8 Acres @ $3.50/SF The site further benefits from being adjacent to the 570-unit Hunters Pond Apartments and just northeast of Costco. The site has not been final platted. Area Description The subject site is located along Market Street in north Champaign at the northwest corner and southwest corner of Market Street and Wood Duck Drive. Surrounding property uses include Market Place Shopping Center (887,071 SF regional mall) to the south, Hunters Pond Apartments (570 units) to the west, Apollo Subdivision (1.5M SF industrial park) to the east and farmland to the north. The site also benefits from easy accessibility to I-57 and I-74 and is located just east of the North Prospect commercial corridor and Costco.
PROPERTY TAXES
| Parcel Number | 41-14-36-400-029 | Improvements Assessment | $0 CAD |
| Land Assessment | $22,237 CAD | Total Assessment | $22,237 CAD |
PROPERTY TAXES
