For Sale
$705,000

812 Interstate Dr Champaign, IL 61822

1.25-acre development site, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 1.25-acre commercial land parcel presents a unique development opportunity in Champaign, Illinois. Located at 812 Interstate Dr, this site boasts 343 feet of frontage on the thriving North Prospect Avenue retail corridor and an additional 139 feet of frontage on Interstate Drive, providing unparalleled visibility and accessibility. The property is zoned CN - Commercial Neighborhood, allowing for a variety of development options. All utilities are readily available at the site, simplifying the development process. Its strategic location at the northeast corner of North Prospect Avenue and Interstate Drive offers easy access to Interstates 57 and 74, ensuring high traffic volume and convenient access for customers. The area is already home to a dense concentration of major retailers, including Walmart, Aldi, Menards, Starbucks, Chick-fil-A, Meijer, AMC Theatres, Best Buy, Target, Lowe's, and Portillo's, creating a strong retail environment. Furthermore, numerous residential complexes are within walking distance, providing a substantial customer base. Traffic counts on North Prospect Avenue range from 11,800 to 28,200 AADT, while Interstate Drive sees 5,300 AADT, indicating significant daily traffic flow. This site represents the next logical step in the continued growth of the North Prospect retail corridor, offering an unparalleled opportunity for developers seeking a high-traffic, high-visibility location in a thriving market. The asking price for this exceptional property is $705,000.

Highlights

  • $705,000 asking price for 1.25 acres of commercial land.
  • Located at 812 Interstate Dr, Champaign, IL 61822.
  • CN (Commercial Neighborhood) zoning.
  • High-traffic location with 343 ft. of frontage on N. Prospect Ave. and 139 ft. on Interstate Dr., offering excellent visibility and accessibility to I-57 and I-74.
  • Surrounded by major retailers and residential complexes, ensuring high foot and vehicle traffic.

Property Details for 812 Interstate Dr

Property type
Land, Farms
Lot Size (sq. ft)
54,450 SF

Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.1496958
Longitude
-88.2575495

FAQs

What type of property is this?
Land - 1.25-acre development site, prime location.
Where is the land located?
The property is located at 812 Interstate Dr Champaign, IL.
What is the asking price?
The asking price for this property is $705,000.
What are key features of this property?
This property features: $705,000 asking price for 1.25 acres of commercial land.; Located at 812 Interstate Dr, Champaign, IL 61822.; CN (Commercial Neighborhood) zoning.
How can I contact the broker?
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812 Interstate Dr
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