402 Griggs StUrbana, IL 61801

Property Details for 402 Griggs St

Property type

Commercial real estate

APN

912108379005

APU

912108379005

Description

This exceptional 1.05-acre commercial land parcel presents a prime development opportunity in Urbana, Illinois. Strategically located just a few blocks east of the University of Illinois campus, south of the Carle Hospital campus, and one block from downtown Urbana, this property enjoys unparalleled accessibility and visibility. The property is zoned B3, offering a wide range of potential uses, making it highly versatile for various development projects. The asking price is $699,000. The lot's size and zoning regulations provide significant flexibility for developers seeking to capitalize on the area's strong demand for commercial and residential space. Its proximity to major institutions and the vibrant downtown area ensures high foot traffic and potential for strong returns on investment. This location offers a unique blend of convenience and growth potential, making it an attractive proposition for developers seeking a high-impact project in a thriving Illinois community. The address is 402 W Griggs St, Urbana, IL 61801. This is a rare opportunity to acquire a sizable, well-situated commercial lot in a highly desirable area.

Location Insight

City

Urbana

County

Champaign

State

Illinois

Latitude

40.1148

Longitude

-88.2121

CBSA code

16580

CBSA name

CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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