301 E University Ave, Champaign, IL 61820

Excellent site for campus multi-family development. This property is 9,972 square feet of development land (.22 acre) that is "shovel ready". Zoned CB1, Central Business Urban Fringe. The maximum height in the CB1 District is 85 feet, and the minimum height is 20 feet. There are no minimum required setbacks in CB1, but the maximum allowable setback on the west and north frontages is 15 feet. Ground-floor residential units may not face E. University Ave., as multifamily units are allowed as a provisional use subject to the standards in Sec. 37-262. The ground-floor space facing E. University Ave. may be occupied by any of the permitted uses in the district (Most likely retail)