1501 N. Prospect Ave., Champaign, IL
Retail for Sale - $799,000 - 12,092 Sq. Ft. on 30400 acres
Property Info
| CIMLS# | 549298 |
| Location 1501 N. Prospect Ave. Champaign IL 61820 | |
| Updated | November 15th, 2017 |
| Type | Retail |
| Price | $799,000 |
| Building | 12,092 Sq. Ft. |
| Land | 30400 acres |
Property Description
12,092 Square Foot retail building with office space on second floor. Building is divided and a second unit with an overhead door and own commercial retail entrance. Frontage on popular N. Prospect Ave.. Off street paved parking. Currently is leased, tenants can stay or leave, depending on new owners needs.
Brief Legal: LOT 7,8,17 SUNNY KNOLL ADDITION
Real Estate Taxes 2014: $17,952.26
Location Description:
Property is located in the popular North Prospect Retail Corridor. The site is surrounded by other retail, office, service, and restaurants. Blocks to Interstate 74. The property is located in a CG zoning. Commercial General District which is a high intensity commercial district and allows for a wide range of retail, service, office and commercial uses. Champaign-Urbana is the home of the University of Illinois, Parkland College, two major hospitals. Chicago is two hours north, Indianapolis is two hours east, and St. Louis is three hours southwest.
Highlights:
>> 12,092 SF Retail Building
>> High Visibility On North Prospect Retail Corridor
>> Rental Unit Attached/Tenants in Place
>> High Traffic Flow
>> 600 Amps Service
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Financials
Sales Info:
>> Commision split: 2.5%
