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Land For Sale • 0.62 AC
0.62 acres of prime redevelopment property available in East University TIF District. Expandable to up to 2.25 acres for an entire block redevelopment. Located within the UIUC Campus District and downtown Champaign District. Across from Champaign Police Department, walking distance from the entertainment district. Short walk to UIUC campus, downtown Champaign, and entertainment district. Student housing development could be targeted to the high concentration of business college and international student population on the North side of campus. Close proximity to campus, downtown, and entertainment district would serve well for graduate student and TA rentals at market rates. Traditional multi-family also a possability.
| 0.62 acres available in East University TIF District (expandable to 2.26 acres). |
| Zoning: CB1 - Central Business Urban Fringe. |
| Corner edge of University of Illinois campus district. |
| Walking distance from Champaign Amtrak & Greyhound Station. |
| Adjacent to Boneyard Creek Park, off-campus entertainment district, bars and restaurants. |
| University Avenue: 19,900 VPD 1ST Street: 5,600 VPD. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 1 min | 5 min | 0.2 mi | |
| Airport | Drive | Walk | Distance |
| University of Illinois/Willard | 24 min | - | 10.4 mi |
Rick Scardino
Lee & Associates
Rick Scardino
Lee & Associates