Excellent development opportunity just off the intersection of Lincoln Avenue and Bradley Avenue in Urbana, IL. Spanning approximately 14.51 acres, this piece of development land is zoned R-4, Medium Density Multiple Family Residential, making it a great location for low and medium-density multifamily development. The property has utilities pulled to the edge of the site, and benefits from its location within a Qualified Opportunity Zone (QOZ) and the Urbana and Champaign County Enterprise Zone.

Setbacks and Development Overview:

– Setbacks: 15′ (F), 5′ (S), 10′ (R)

– FAR: 0.5

– OSR: 0.35

– Max Height: 35′

– Parking: 0.5 Spaces / Bedroom (Min. 1 / Unit)