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507 Crystal Lake Dr
Urbana, IL 61802
Land For Sale · 0.35 AC
Executive Summary
The subject property is situated less than a thousand feet from the intersection of Cunningham Avenue and University Avenue, just north of the 5 Points Commerce Centre. The property is in close proximity to several retail shopping centers and well-known national retailers. Directly across Cunningham Avenue to the west, you'll find The Gateway Shoppes at Five Points. Nearby retailers include Walgreens, McDonald’s, Arby’s, Wendy’s, Jimmy John’s, U of I Credit Union, Panda Express, and Verizon.
PROPERTY FACTS
1 Lot Available
Lot
Price | $192,172 CAD | Lot Size | 0.35 AC |
Price Per AC | $549,064 CAD |
Price | $192,172 CAD |
Price Per AC | $549,064 CAD |
Lot Size | 0.35 AC |
Description
Property Description 507 Crystal Lake Dr. is a .35 acre lot, with a single structure ready for development. Formerly part of a larger grouping of parcels that included a now-cleared mobile home park, the site is zoned B-3, General Business, offering versatile potential for various uses. Utilities are already in place, and the location benefits from convenient access just off the Cunningham Avenue/Rt 45 commercial retail district in Urbana. Setbacks and Development Overview: – Setbacks: 15' (F), 5' (S), 10' (R) – Max FAR: 4.0 – Min OSR: None – Max Height: None. Area Description The subject property is situated less than a thousand feet from the intersection of Cunningham Avenue and University Avenue, just north of the 5 Points Commerce Centre. The property is in close proximity to several retail shopping centers and well-known national retailers. Directly across Cunningham Avenue to the west, you’ll find The Gateway Shoppes at Five Points. Nearby retailers include Walgreens, McDonald’s, Arby’s, Wendy’s, Jimmy John’s, U of I Credit Union, Panda Express, and Verizon.
PROPERTY TAXES
Parcel Number | 91-21-08-426-003 | Improvements Assessment | $5,699 CAD |
Land Assessment | $27,504 CAD | Total Assessment | $33,204 CAD |
PROPERTY TAXES
zoning
Zoning Code | B-3 (General Business District) |
B-3 (General Business District) |