1501 N. Prospect Ave., Champaign IL

Retail for Sale - $799,000


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Agent Info

NameAlexander Ruggieri

Property Info

CIMLS #549298
Location1501 N. Prospect Ave.
Champaign IL 61820
Last UpdatedNovember 15th, 2017
TypeRetail
Price$799,000

Contact


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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Location & Street View