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Investment Highlights

  • Located on a corner lot with excellent visibility from the interstate
  • Prime investment opportunity in Champaign's vibrant retail district

Executive Summary

Strategically situated adjacent to Walmart, a prominent hotel, and various restaurants, the property benefits from high visibility and foot traffic, ideal for diverse business ventures. With its commercial zoning, there are endless possibilities for development, from retail outlets to hospitality establishments, tapping into the city's thriving retail sector. As Champaign continues to grow, investing in this property has long-term profitability and serves as a valuable addition to any investor's portfolio or entrepreneur's expansion plans.
Located on a corner lot with excellent visibility from the interstate, the property boasts access to all utilities, making it highly desirable for development. Its strategic positioning adjacent to major retailers adds to its appeal for potential businesses. With its prime location and available utilities, this property presents a compelling investment prospect for those looking to capitalize on Champaign's growing commercial landscape.

Property Facts

Price $910,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
  • Hotel
Total Lot Size 4.91 AC
Zoning CG - Commercial General

1 Lot Available

Lot

Price $910,000
Price Per AC $185,336.05
Lot Size 4.91 AC

This 4.63-acre commercially zoned land presents a prime investment opportunity in Champaign's vibrant retail district.

Description

This 4.9-acre commercially zoned land presents a prime investment opportunity in Champaign’s vibrant retail district. Strategically situated adjacent to Walmart, a prominent hotel, and various restaurants, the property benefits from high visibility and foot traffic, ideal for diverse business ventures. With its commercial zoning, there are endless possibilities for development, from retail outlets to hospitality establishments, tapping into the city’s thriving retail sector. As Champaign continues to grow, investing in this property has long-term profitability and serves as a valuable addition to any investor’s portfolio or entrepreneur’s expansion plans. Area Description Located on a corner lot with excellent visibility from the interstate, the property boasts access to all utilities, making it highly desirable for development. Its strategic positioning adjacent to major retailers adds to its appeal for potential businesses. With its prime location and available utilities, this property presents a compelling investment prospect for those looking to capitalize on Champaign’s growing commercial landscape.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
41-20-02-251-022
Land Assessment
$267,500
Improvements Assessment
$0
Total Assessment
$267,500
  • Listing ID: 31014622

  • Date on Market: 8/3/2020

  • Last Updated:

  • Address: 1202 W Anthony Dr, Champaign, IL 61821

Contact the Sale Advisor

1202 W Anthony Dr - 4.9 ACRES OF RETAIL DEVELOPMENT OPPORTUNITY

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