For Sale
$1,089,000

Cor Of Staley Rd And Inverness Rd Champaign, IL 61822

Prime 5-acre development site, ideal for commercial use.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 5-acre commercial development site is located in Champaign, Illinois, at the northeast corner of Staley Road and Inverness Road. Priced at $1,089,000 ($5/SF), this fee simple property boasts a highly desirable Commercial Neighborhood zoning designation, making it suitable for a variety of commercial ventures. The site is conveniently situated approximately 0.5 miles south of Springfield Avenue, along the heavily trafficked Staley Road corridor. Its strategic location offers excellent visibility and accessibility. Surrounding the property is a mix of established residential areas, significant multi-family developments, and warehousing/industrial facilities to the north, creating a dynamic and diverse neighborhood. The property is ready for immediate development, with utilities readily accessible. Further enhancing its appeal, this land parcel is situated within the Champaign Enterprise Zone, potentially offering significant economic incentives. The property's size allows for the possibility of subdivision into multiple commercial lots, providing flexibility for various development plans. APN: 442016100001. This is a truly exceptional opportunity for investors and developers seeking a prime location in a thriving market.

Highlights

  • Commercial zoning allows for a variety of business uses.
  • Utilities are readily available at the property line.
  • Located in an enterprise zone offering potential tax incentives.
  • High traffic counts on a major north-south thoroughfare provide excellent visibility.
  • Site is fully prepared for immediate construction.

Property Details for 0 Cor Of Staley Rd And Inverness Rd

Property type
Land
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.1065419
Longitude
-88.3144344
Cor Of Staley Rd And Inverness Rd, Champaign, Illinois

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FAQs

What type of property is this?
Land - Prime 5-acre development site, ideal for commercial use.
Where is the land located?
The property is located at Cor Of Staley Rd And Inverness Rd Champaign, IL.
What is the asking price?
The asking price for this property is $1,089,000.
What are key features of this property?
This property features: Commercial zoning allows for a variety of business uses.; Utilities are readily available at the property line.; Located in an enterprise zone offering potential tax incentives.
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.
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Contacts

Jill Guth
Jill Guth
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Cor Of Staley Rd And Inverness Rd
Champaign, IL 61822

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Cor Of Staley Rd And Inverness Rd
Champaign, IL 61822

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Disclaimer

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We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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0 Cor Of Staley Rd And Inverness Rd
  • Jill Guth
    Jill Guth
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(217) 355-2545

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