About this land
Check out this incredible real estate opportunity in Urbana, where you'll find not one but two lots available for sale, each zoned R-2. These lots present a unique chance to shape your vision in a prime location near one of the city's busiest intersections, providing a high traffic count and excellent visibility. Both parcels total .75 acres. The front lot is 1073 S. Main (K48-25-11-02-31-008-00) and is .25 acres and features an older, 20X20 garage. The back lot is 133 Cherry Lane (K48-25-11-02-31-009-00) is .50 acre and features a 12x32 barn/storage building. The lots are on the corner of South Main and Cherry Lane with road frontage on both Streets. The neighboring property to the South of the subject property has 3 parcels in total and is For Sale. Those parcels include 1071 S. Main and 1075 S. Main, and they provide an additional 2.53 acres in total for all 3 parcels. 1075 S. Main includes a rental home, and 1071 S. Main has 2 additional structures. If both listings were purchased, the total acreage would be 3.28 acres at a highly visible intersection. Depending on the new owner's use/vision, rezoning and variances would be needed. The neighboring parcel, # K48-25-11-02-31-012-00, that is for sale, is zoned B-2. Bring your vision and development it right here near the intersection of US Hwy 68 and State Route 55.
Key facts
- Status
- Active
- Type
- Residential Land
- Days on market
- 1083
- Property taxes
- about $374/yr
- County
- Champaign
- MLS #
- 223036344
- Listing brokerage
- REMAX Alliance Realty
- Listing agent
- V. Patrick Hamilton
- Listing brokerage contact
- 937-652-1100
Lot and parking
- Lot size
- 0.75 acres
- Lot square feet
- 32,670
Taxes and HOA
- Property taxes
- about $374 a year
- Tax year
- 2025
- Parcel number
- K48-25-11-02-31-008-00
- Township
- Urbana
Schools
- District
- Urbana CSD
Sale terms
- Financing accepted
- Conventional
Around it
ZIP 43078: 24 homes for sale. Champaign County: 45 homes for sale · county sold data. Town: everything for sale in Urbana · Urbana sold prices and days on market.
Is it priced right?
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Everything for sale in Urbana · what Urbana homes actually sold for
Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 19, 2026, 6:08 PM.