214 S Walnut St - Commercial LAND FOR SALE


Champaign, IL 61820 29,185 SF
$2,100,000 USD
217-403-3424
214 S Walnut St, Champaign, IL for Sale
$2,100,000 USD
Commercial LAND - FOR SALE
1/6
29,185 SF

214 S Walnut St
Champaign, IL 61820


HIGHLIGHTS

  • Rare Development Opportunity
  • Located in a TIF District & Enterprise Zone
  • Flexible Zoning
  • Located at the Convergence of Downtown, Midtown and Campustown

OVERVIEW

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale an incredible opportunity to acquire approximately 28,970 SF of prime development land located in Champaign, Illinois at the convergence of Downtown, Midtown and Campustown. This is truly a unique opportunity to acquire a development site in a dense location with flexible zoning, and it’s possible for a buyer to assemble additional parcels to create an even larger development site. The property consists of 2 parcels totaling approximately 28,970 SF and the site is zoned CB2 – Central Business Downtown. CB2 zoning allows for a maximum building height of 115’, and doesn’t have any setback, open space reserve (OSR) or floor to area ratio (FAR) requirements. There are 2 vacant buildings across the parcels that were built between 1945 and 1980 – building sizes are listed on page 4 under Parcel Information.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/ACRE

$3,134,350/AC

PRICE/SF

$72 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

214 S Walnut Street

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.67 AC

LAND SF

29,185 SF

OFFSITE IMPROVEMENTS

-

ZONING

CB2

APN/PARCEL ID

42-20-12-482-002

ASK ABOUT THIS PROPERTY

Josh MarkiewiczColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3424

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Josh MarkiewiczColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3424

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.