1704 Industrial Park RdChampaign, IL 61822

Property Details for 1704 Industrial Park Rd

Lot size

2.60 AC

Property size (Sq ft)

13,906 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional industrial property, located at 1704 Industrial Park Rd, Champaign, IL 61822, offers a compelling redevelopment or owner-user opportunity. The two-building complex totals 13,906 square feet on a 2.6-acre lot, boasting prime frontage on I-57 and W Olympian Rd, ensuring high visibility and convenient access. Building 1, designed for efficient cross-docking, features twelve dock-high doors, a 12' clear height, two small offices, and two restrooms. Building 2, constructed in 1990, provides ample storage space with six drive-in doors and additional outdoor trailer parking. Currently vacant, the property is zoned L1 - Light Industrial and situated within an Enterprise Zone, offering potential tax incentives. The Champaign-Urbana MSA, home to the University of Illinois, boasts a strong economy, a highly educated workforce, and excellent transportation links, including major interstate access and Willard Airport. The property's strategic location, combined with its versatile design and potential for industrial outdoor storage, presents a significant value-add opportunity for investors and developers. The asking price is $675,000, or $337,500 per unit, with a price per square foot of $48.54. This is an exceptional chance to acquire a well-positioned industrial asset in a thriving market.

Location Insight

City

Champaign

County

Champaign

State

Illinois

Latitude

40.1571

Longitude

-88.2745

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