N Prospect Ave, Champaign, IL 61822

Property Description

Development land ideally located near Champaign’s Prospect Avenue growth corridor. Numerous lots and outlots available for retail and multifamily development. The lots are as follows:

Lot 4: This 6.25 acre multifamily lot is fully improved with all utilities to the site, and ready for development. The lot is zoned MF3 –Multifamily High Density.

Lot 8: This 8 acre parcel can be subdivided as small as 1 acres, is fully improved with all utilities to the site, and ready for development Lot 9: This 5.35 acre parcel is fully improved with all utilities to the site, and ready for development.

Outlots 3&4: This 2.94 acre outlot can be divided in half to 1.47 acres, and is fully improved with all utilities to the site, and ready for development. The center is anchored by Walmart, and Aldi, Starbucks, Sprint, and H&R Block are located in adjoining outlots. The lot is zoned CG – Commercial General, which offers a wide variety of development options.

Location Description

These lots are ideally located on and around North Prospect Avenue, and provide easy access to the North Prospect retail corridor, Interstate 57 and Interstate 74, and are just minutes from the University of Illinois, Carle Hospital, and Presence Medical Center. Countless amenities surround the property, including numerous shopping, dining, business, and entertainment options.