402 W Griggs Street, Urbana, IL 61801
Champaign County
Key Facts
Description
Spectacular Location within a few blocks of Lincoln Avenue in the University of Illinois Corridor, directly south of the Carle Hospital, right around the corner from downtown Urbana. 1 Acre of prime development land, the frontage extends from Central Street to McCullough Street and goes back to the tracks. This is a very deep lot. This would be ideal for multi unit apartments, or commercial. Largest lot near campus for development!!! This is a city block long!!! See Plat in additional info.
Property Information
Property Type
Land
Lot Size
1.08 acres
Lot Dimensions
266x180
Ownership
Fee Simple
Days on Market
329
MLS® Listing#
12438439
Property Features
Utilities
Schools
- Elementary:
- Urbana Elementary School
- Middle:
- Urbana Middle School
- High:
- Urbana High School
- District:
- Urbana High School
Financial Details
Annual Taxes
$4,629
Tax year 2024
Parcel Number
912108379005
Directions
Take Race Street then west on Griggs
Affordability Calculator
$119,800
Estimated monthly payment
$3,188/mo
Principal $479,200 · Est. interest $668,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Urbana, IL
- $338,889
- Median Listing Price
- 51
- Median Days on Market
- 1,845
- Median Sq Ft
- $172
- Median Price / Sq Ft
- 82
- Active Listings
- This home’s price is 77% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Urbana, IL.
Location
Points of Interest in Urbana, IL
Showing the Urbana area map.
Nearby Schools
Canaan Academy
School · 0.1 mi away
Urbana School District 116
Secondary · 0.1 mi away
Campus Middle School
School · 0.3 mi away
Leal Elementary School
Elementary · 0.5 mi away
Illinois Leadership Center
School · 0.5 mi away
Center for Advanced Study
School · 0.6 mi away
Urbana Head Start
School · 0.7 mi away
Circle Academy
School · 0.7 mi away
University Laboratory High School
Secondary School · 0.7 mi away
M L King Junior Elementary School
Elementary · 0.7 mi away
Urbana High School
Secondary · 0.7 mi away
Urbana School District #116
School · 0.9 mi away
Urbana Middle School
Secondary · 0.9 mi away
University of Illinois Foundation
School · 0.9 mi away
Department of Anthropology
School · 0.9 mi away
Gerber School
School · 0.9 mi away
Career Center
School · 1.0 mi away
Office of the Dean of Students
School · 1.0 mi away
Omsa Students Helping Students
School · 1.0 mi away
Booker T. Washington Stem Academy Pta
Elementary · 1.1 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 301 G H Baker Drive, Urbana, IL | $419,900 | 3 | 2 | 1,996 |
| 3503 S Deer Ridge Drive, Urbana, IL | $424,900 | 3 | 3 | 1,726 |
| 402 W Pennsylvania Avenue, Urbana, IL | $424,900 | 5 | 3 | 2,632 |
| 1808 Golfview Drive, Urbana, IL | $424,900 | 4 | 3 | 2,932 |
| 2413 Stricker Lane, Urbana, IL | $435,000 | 4 | 3 | 2,558 |
| 305 W. Illinois Street, Urbana, IL | $439,900 | 5 | 2 | 2,513 |
Moving Cost Estimate
EXIT Agents in Urbana
Listing Courtesy: RE/MAX REALTY ASSOCIATES-CHA
Last Updated: 2025-08-05