For Sale
$949,000

502 Neil St Champaign, IL 61820

High-traffic commercial/residential land

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 13,583 square foot lot presents a unique investment opportunity in the heart of Champaign, Illinois. Situated at 502 N Neil St, this corner lot boasts a prime location at the intersection of N Neil Street and Washington Street, ensuring high visibility and accessibility for both vehicular and pedestrian traffic. The property is zoned CB2, allowing for a variety of commercial and residential development possibilities. Its strategic position offers unparalleled convenience, being less than a mile from the University of Illinois campus and Interstate 74, providing easy access to major transportation routes and a large pool of potential customers and residents. The asking price for this remarkable property is $949,000. Given its size, location, and zoning, this lot represents a significant opportunity for developers seeking to capitalize on the vibrant and growing Champaign market. The property's address is 502 N Neil St, Champaign, IL 61820. This is a rare chance to acquire a substantial parcel of land in a highly desirable area with excellent potential for future development and substantial return on investment. The lot's dimensions and precise permitted uses should be verified independently.

Highlights

  • 13,583 SF corner lot in prime Champaign, IL location at 502 N Neil St.
  • High visibility at N Neil St & Washington St intersection, excellent vehicular & pedestrian access.
  • CB2 zoning allows diverse commercial & residential development.
  • Less than one mile from University of Illinois & I-74, offering strong access & customer base.
  • Asking price: $949,000.

Property Details for 502 Neil St

Property type
Land

Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.1201206
Longitude
-88.2432661

FAQs

What type of property is this?
Land - High-traffic commercial/residential land
Where is the land located?
The property is located at 502 Neil St Champaign, IL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 13,583 SF corner lot in prime Champaign, IL location at 502 N Neil St.; High visibility at N Neil St & Washington St intersection, excellent vehicular & pedestrian access.; CB2 zoning allows diverse commercial & residential development.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
502 Neil St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message