For Sale
$675,000

1701 Rion Dr Champaign, IL 61822

3.28-Acre Commercial Land in Champaign, IL

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 3.28-acre commercial lot, located at 1701 Rion Dr in Champaign, Illinois, presents a unique investment opportunity. Situated in the Olympian North Business Park, this fee-simple property boasts a prime location on the near north side of Champaign, conveniently accessible via Interstate-57, exit 328. The lot's strategic placement offers high visibility and easy access for businesses. Originally planned for a hotel, this parcel is ready for development, benefiting from existing infrastructure. The property is zoned CG Enterprise Zone and enjoys proximity to established businesses including a Dairy Queen Grille & Chill, Circle K, and a Microtel Inn by Wyndham, ensuring a thriving commercial environment. A significant advantage is its location at the first exit from I-57 northbound into Champaign, providing excellent access for customers and employees. Furthermore, a 4-acre lake borders the property to the south, offering an attractive natural amenity. The high daily traffic count of 24,700 vehicles on I-57 underscores the significant potential for commercial success. The asking price for this exceptional property is $675,000. The APN is 41-14-26-352-018.

Highlights

  • 3.28-acre commercial lot on I-57 corridor.
  • First exit off I-57 northbound into Champaign.
  • Adjacent to a 4-acre lake.
  • Excellent location near Microtel Inn, Dairy Queen, and Circle K.
  • Ready for development with existing infrastructure.
  • High daily traffic count of 24,700 vehicles on I-57.

Property Details for 1701 Rion Dr

Property type
Land
Lot Size (sq. ft)
142,877 SF

Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.159209
Longitude
-88.274089
1701 Rion Dr, Champaign, Illinois

FAQs

What type of property is this?
Land - 3.28-Acre Commercial Land in Champaign, IL
Where is the land located?
The property is located at 1701 Rion Dr Champaign, IL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 3.28-acre commercial lot on I-57 corridor.; First exit off I-57 northbound into Champaign.; Adjacent to a 4-acre lake.
How can I contact the broker?
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1701 Rion Dr
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