1 Acre of Residential Land for Sale in Urbana, Illinois
402 Griggs St Urbana, IL 61801
Images
Map
Street
$599,000
1 acre
Active
$100k dropEst $4,656/moLOCATION LOCATION LOCATION! This is prime development land over an acre, located a couple of blocks from the University of Illinois campus corridor to the west, the Carle Hospital Corridor to the North, and 2 blocks from downtown Urbana. This is zoned B-3, Multifamily, commercial, no height restrictions with this zoning. So this could be developed into a multi-story building. This is a super rare opportunity to develop without having to tear down buildings to accommodate a new structure. This is a block long from Central to McCullough.
Directions
Race Street and west on Griggs
Location
- Street Address
- 402 Griggs St
- County
- Champaign County
- Community
- Urbana
- School District
- 116
- Elevation
- 725 feet
Property details
- Zoning
- MULTI
- MLS #
- MRED 12068683
- Posted
Property taxes
- 2023
- $4,355
Parcels
- 912108379005
Legal description
LOT 7 BUSEY'S, S.T ADD URBANA
Detailed attributes
Listing
- Type
- Land
- Franchise
- RE/MAX International
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Urbana Elementary School | Elementary | 116 | — |
| Urbana High School | Middle | 116 | — |
| Urbana High School | High | 116 | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 13, 2025 | Price drop | $599,000 | $100,000 -14.3% | MRED |
| July 18, 2024 | Price drop | $699,000 | $81,000 -10.4% | MRED |
| May 31, 2024 | New listing | $780,000 | — | MRED |
Payment calculator
Michael Cross
RE/MAX Realty Associates-Cha
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