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Mixed-Use

201 E. Green Street

201 E Green St, Champaign, IL 61820

Listing Price: $4,700,000

Lot Size
0.53 acres
Price/Acre
$8,867,848
Land Type
Redevelopment

Investment Overview

Marcus & Millichap is pleased to present a coveted and rarely available 23,417 square foot site at 201 East Green Street in Champaign, Illinois. The site enjoys excellent frontage and visibility on the main commercial corridor adjacent to the University of Illinois campus and multiple student housing developments. The as of right zoning allows for a 175-foot-tall mixed-use building. University of Illinois is a member of the Big 10 and boasts an enrollment of over 50,000 students. The university attracts students form over 100 countries and its various colleges maintain excellent national rankings as well as numerous ranked sports teams. Supported by a vast alumni network. Its sport venues are typically very well attended.

In addition to its prime location the property is located in a recognized registered opportunity zone as defined by the Federal Government which allows an investor to take advantage of the unique tax structures enjoyed by opportunity zone status.

Investment Highlights

  • Corner Location Walk to U of I Campus location at 2nd and Green Street
  • Lot Size 23,417-Square Feet
  • CB3 Zoning Allowing for 175-Foot-Tall Multi Story Mixed Use Development
  • Qualified Opportunity Zone
  • High Barrier to Entry Location

Exclusively Listed By

Listing Price: $4,700,000

Lot Size
0.53 acres
Price/Acre
$8,867,848
Land Type
Redevelopment

Investment Highlights

  • Corner Location Walk to U of I Campus location at 2nd and Green Street
  • Lot Size 23,417-Square Feet
  • CB3 Zoning Allowing for 175-Foot-Tall Multi Story Mixed Use Development
  • Qualified Opportunity Zone
  • High Barrier to Entry Location

Investment Overview

Marcus & Millichap is pleased to present a coveted and rarely available 23,417 square foot site at 201 East Green Street in Champaign, Illinois. The site enjoys excellent frontage and visibility on the main commercial corridor adjacent to the University of Illinois campus and multiple student housing developments. The as of right zoning allows for a 175-foot-tall mixed-use building. University of Illinois is a member of the Big 10 and boasts an enrollment of over 50,000 students. The university attracts students form over 100 countries and its various colleges maintain excellent national rankings as well as numerous ranked sports teams. Supported by a vast alumni network. Its sport venues are typically very well attended.

In addition to its prime location the property is located in a recognized registered opportunity zone as defined by the Federal Government which allows an investor to take advantage of the unique tax structures enjoyed by opportunity zone status.

Exclusively Listed By

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