Champaign County, Illinois Land For Sale (11 results)

FULLY RENOVATED AND FULLY LEASED! This historic downtown Urbana, Illinois "Stephen's Building" has been fully modernized and redesigned to today's living standards! The first floor offers 2 separate commercial spaces. The larger Westside suite is 2375 Sq. Ft. with an unfinished basement for additional storage space. This suite is currently rented for $2400/mo. The East commercial space is 1500 Sq. Ft. and rented for $1326/mo (discounted has been $2100/mo. Upstairs you will find 4 fully renovated 2 bed/2bath apartments. Each apartment features stainless appliances, hardwood and tile flooring, stacked laundry in each unit. The remodel was able to leave beautiful historic brick walls exposed and other original features. The building features industrial-style exposed HVAC. The residential access to the building is secure. The 4 apartments currently generate over $5869/mo of rental income. The building does not come with parking, however there is a City permit lot directly adjacent. Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

206 S. Grove Street presents the opportunity to acquire a wel lmaintained and recently updated 8-unit multifamily property located in one of Urbana’s most desirable rental corridors. Situated just two blocks west of Vine Street and within walking distance of Lincoln Square Mall, downtown Urbana, the Urbana Farmers Market, and Urbana municipal offices, the Property benefits from a highly convenient location with close proximity to shopping, dining, employment centers, healthcare, and the University of Illinois. Located just over one mile from the University of Illinois and its enrollment of approximately 59,000 students, the Property is strategically positioned to attract a diverse tenant base including students, healthcare workers, university employees, young professionals, and workforce renters seeking quality housing in a centrally located neighborhood setting. The Property consists of eight spacious two-bedroom / onebathroom apartment units that are believed to average approximately 880 square feet per unit. Each unit features a full kitchen, living room, dining area, in-unit stackable laundry, and a rear sliding glass door providing access to a patio or balcony area. The unit layouts offer a more residential-style living experience than many competing apartment properties within the surrounding market. Current ownership has completed substantial interior and exterior improvements during their approximately five-year ownership period. Interior upgrades include updated viny l flooring, bathroom improvements, and general cosmetic renovations throughout the units. More recently, ownership completed exterior repairs and a full exterior repainting, significantly enhancing the Property’s curb appeal and overall presentation. The mature tree coverage and low-density garden-style layout further contribute to the Property’s attractive residential feel. Ownership believes the roof has been replaced within approximately the past ten years, although the exact age is unknown. Additionally, various mechanical components throughout the Property have been updated and maintained as needed during ownership. As a result of the recent renovations and improved appearance of the Property, the next owner should be well-positioned to continue increasing rents toward market levels. The Listing Agent believes there is potential to increase rental rates by approximately $50-$100 per unit per month based upon the recent improvements, strong unit sizes, in-unit laundry, patio/balcony features, and the Property’s highly desirable location near the University of Illinois, Carle Foundation Hospital, downtown Urbana, and major employment centers throughout Champaign-Urbana. Additional amenities include surface parking, mature landscaping, exterior stair access, and a quiet neighborhood atmosphere that continues to appeal to long-term tenants seeking a balance between convenience and residential character. With its combination of strong location fundamentals, recent capital improvements, spacious unit layouts, and continued rental upside potential, 206 S. Grove Street represents an attractive opportunity to acquire a stabilized multifamily asset within one of Central Illinois’ strongest rental markets.

The Pforr Farm consists of 19.3 taxable acres. Hard-to-find small acreage offering excellent versatility. This mixed-use tract includes approximately 4 tillable acres, road frontage, and scenic Lone Tree Creek access. The property features a pond and abundant wildlife, with frequent deer and pheasant sightings—ideal for recreation or a country homesite. A great opportunity for those seeking a manageable acreage with farming, recreational, and building potential.

The Ultimate Timber property near St. Joseph, IL! This is a massive and truly one-of-a-kind property for Champaign County, IL. The opportunities are endless for this property, and it truly is a Once-in-a-Lifetime opportunity. If you would like to see a Flood Map or have any other questions, please get in touch with Clayton for more information! Acres - 162.6 +/- CRP Acres - 51.18 +/-

Amazing Lake lot on edge of town Mahomet Schools County Taxes Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

A great 55.81+/- acre farm for sale outside of Broadlands! Class A in southern Champaign County. PI 137.7. Strong yield history. The home has been surveyed off the property.

Discover one of Urbana's premier opportunities to build a custom home in the thoughtfully designed Fieldstone Subdivision. Located adjacent to the highly regarded Stone Creek area, Fieldstone places you just moments from the beautiful 18-hole championship golf course, scenic walking paths, and one of the community's favorite gathering spots, Oskee's Sports Pub. Whether you're an avid golfer or simply appreciate peaceful surroundings and quality amenities, this location offers an exceptional lifestyle. One of Fieldstone's most attractive benefits is its participation in the City of Urbana's residential tax incentive program, allowing eligible homeowners to receive up to a 60% reduction in property taxes during the first five years of ownership. This valuable incentive can provide significant savings while you enjoy your newly constructed home. With limited homesites available, now is the ideal time to secure your lot and bring your vision to life. Bring your own builder and create the home you've always envisioned or, collaborate with the lot owner, a local architect-led design build company, and craft a site-specific custom home to inspire the way you live.

One of Fieldstone's most attractive benefits is its participation in the City of Urbana's residential tax incentive program, allowing eligible homeowners to receive up to a 60% reduction in property taxes during the first five years of ownership. This valuable incentive can provide significant savings while you enjoy your newly constructed home. With limited homesites available, now is the ideal time to secure your lot and bring your vision to life. Bring your own builder and create the home you've always envisioned or, collaborate with the lot owner, a local architect-led design build company, and craft a site-specific custom home to inspire the way you live.

Exceptional golf course frontage lot in the highly sought-after Stone Creek subdivision. This 0.33-acre homesite offers sweeping views of the Atkins Golf Club fairways, water features, and open green space, creating a rare opportunity to build a custom home in one of Champaign-Urbana's premier neighborhoods. The lot is ideally positioned with a creek corridor along one side, providing additional separation and privacy while enhancing the natural setting. Stone Creek is a master-planned community spanning more than 500 acres and features miles of walking, jogging, and biking paths, rolling terrain, lakes, bridges, generous commons, and beautifully maintained streetscapes. Conveniently located near the University of Illinois, Carle Urbana on Windsor, shopping, dining, and everyday amenities. The lot is eligible for the Think Urbana/Enterprise Zone incentive program, which may provide substantial property tax savings and sales tax exemptions on qualifying construction materials. Bring your own builder and create the home you've always envisioned or, collaborate with the lot owner, a local architect-led design build company, and craft a site-specific custom home to inspire the way you live. One of the few remaining premium golf course lots available in Stone Creek.

Exceptional golf course frontage lot in the highly sought-after Stone Creek subdivision. This 0.34-acre homesite offers sweeping views of the Atkins Golf Club fairways and open green space, creating a rare opportunity to build a custom home in one of Champaign-Urbana's premier neighborhoods. Stone Creek is a master-planned community spanning more than 500 acres and features miles of walking, jogging, and biking paths, rolling terrain, lakes, bridges, generous commons, and beautifully maintained streetscapes. Conveniently located near the University of Illinois, Carle Urbana on Windsor, shopping, dining, and everyday amenities. The lot is eligible for the Think Urbana/Enterprise Zone incentive program, which may provide substantial property tax savings and sales tax exemptions on qualifying construction materials. Bring your own builder and create the home you've always envisioned or, collaborate with the lot owner, a local architect-led design build company, and craft a site-specific custom home to inspire the way you live. One of the few remaining premium golf course lots available in Stone Creek.

8.76 acres of recorded acreage in Ogden. Utility easement on site.