Positioned at the high-visibility intersection of Olympian Drive and Market Street in north Champaign, this 35.47-acre development site offers a rare opportunity in one of the region’s fastest-growing corridors. Zoned MF1 for multi-family use, the parcel is surrounded by a dynamic mix of commercial and residential developments, making it ideal for a range of housing or mixed-use projects.
The site benefits from strong traffic counts—6,150 AADT on Market Street and 3,450 AADT on Olympian Drive—ensuring excellent exposure for future development. Just one mile south lies Market Place Mall, anchoring a retail-rich environment that includes national brands such as Costco, Meijer, Chick-fil-A, Best Buy, and Kohl’s. Residential communities like Nantucket Cove and Baytown Apartments are also nearby, reinforcing the area’s appeal for multifamily expansion.
With public road frontage and utilities (electric and gas) nearby, the land is primed for development. The parcel is currently used for grain farming and is offered fee simple. Its location within an unincorporated area of Champaign County may offer flexibility in planning and entitlements.