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Applewood Valley Land 32.86 Acres of Commercial Land Offered at $3,800,000 in Champaign, IL 61822
INVESTMENT HIGHLIGHTS
- Many development opportunities
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $3,800,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 32.86 AC |
| Property Type | Land | ||
| Zoning | CN, MF1 | ||
| Price | $3,800,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 32.86 AC |
| Zoning | CN, MF1 |
1 LOT AVAILABLE
Lot
| Price | $3,800,000 | Lot Size | 32.86 AC |
| Price Per AC | $115,642.12 |
| Price | $3,800,000 |
| Price Per AC | $115,642.12 |
| Lot Size | 32.86 AC |
The acreage is being sold “as is” without utilities and infrastructure developed out.
DESCRIPTION
The interior acreage is being zoned as Multifamily Low Density (MF1), which allows for two to three story apartment buildings. The CN zoning will encompass -+17.1 acres, and the MF1 zoning will have -+ 15.755 acres. Utilities are located across Mattis Avenue and can easily be brought to the site. Seller has development plans that can be shared and come with the sale of the land. The Applewood Valley development land is located on the southwest corner of the intersection of Curtis Road and Mattis Avenue in southwest Champaign. The site offers easy access to I-57 and south Champaign and Savoy area. The 80,000 SF Carle Clinic medical facility and Liberty on the Lake subdivision are both located east of the land. The Carle at the Fields development has added 1,200 – 1,500 new employees to the area two miles west of the land along with other multi-family developments.
PROPERTY TAXES
| Parcel Number | 46-20-34-200-005 | Improvements Assessment | $0 |
| Land Assessment | $5,860 | Total Assessment | $5,860 |
PROPERTY TAXES
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Applewood Valley Land
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