1403 E. Washington, Urbana, IL

Shopping Center for Sale - $475,000 - 9,170 Sq. Ft. on 36154 acres


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Agent Info

NameAlexander Ruggieri

Property Info

CIMLS #802464
Location1403 E. Washington
Urbana IL 61801
Last UpdatedNovember 15th, 2017
TypeShopping Center
Price$475,000
Building9,170 Sq. Ft.
Land36154 acres

Contact


Property Description

The Subject is 9,72SF one story, 10 suite Retail Center with easy access off of Washington St. Parking lot is paved and has 49 spaces (2 handicapped). The site lot is 180' by 200'. Zoning is B-3, General Business. Block construction.

Brief Legal: Lot 1 of a replat of Tract C of Modern Reaseach

Real Estate Taxes 2013: $10,724

Location Description:

The property is just east of Philo Rd on Washington St. Champaign-Urbana is a Big Ten community and growing tech center. C-U connects with Interstates 57, 72, and 74. C-U is home to the University of Illinois, Parkland College, and two major regional hospitals (Carle Foundation and Presence Covenant Medical Center). Champaign County is a leader in education, health care, government, technology, industry and agriculture. Chicago is approx. 2 hours north, Indianapolis is approx. 2 hours west and St.Louis is approx. 2 1/2 hours south.

Highlights:

>> 36,000 SF 10 Suite Retail Center

>> Close to Business, Office, Residential

>> Leases In Place

>> Investment Opportunity

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Financials

Sales Info:

>> Commision split: 3.0%