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)
Closed
$945,000
301 E University Ave, Champaign, IL 61820
0beds
--baths
10,018.8Square Feet
Unimproved Land
Built in ----
10,018.8 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 22, 2025 at 11:47am
Listing courtesy of:
J Leman (217)778-5320,
eXp Realty-Champaign
Bought with:
Shannon Collins
Green Street Realty
Source: MRED as distributed by MLS GRID,MLS#: 12440720
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
Property
Features
- Frontage length: 66
Lot
- Size: 10,018 sqft
- Dimensions: 66 X 132
Details
- Additional structures: Second Residence
- Parcel number: 462107359001
- Zoning: OTHER
- Special conditions: None
Utilities & green energy
- Utilities for property: None
Community & neighborhood
Location
- Region: Champaign
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Sold | $945,000+83.9% |
Source:  MRED as distributed by MLS GRID #12440720 | ||
| 7/12/2024 | Sold | $514,000+1.8% |
Source: MRED as distributed by MLS GRID #12061643 | ||
| 5/29/2024 | Contingent | $505,000 |
Source: MRED as distributed by MLS GRID #12061643 | ||
| 5/21/2024 | Listed for sale | $505,000 |
Source: MRED as distributed by MLS GRID #12061643 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 61820
Nearby schools
GreatSchools rating
- 2/10Stratton Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Edison Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Central High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- High: Central High School
- District: 4
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.