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DESCRIPTION

Great income producing property strategically located in the commercial side of town. On a major corridor connecting North Prospect shopping center and Marketplace Mall. One block west of the new Costco in the Mall. Almost two acres of land and 5800 sq. ft of well-built restaurant that is leased for 5 years renewable for two more terms of 5 years each. Gross rent of $7500/month. The vacant acre can be used to build an additional 6000 sq. ft building of your choice. The price for all is $1,890,000. The price for the vacant acre only is $950,000.

KEY DETAILS
  • Price:
  • $1,890,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 1.95
  • Year Built:
  • 1999
  • MLS #:
  • MRD10268941
  • Street Address:
  • 608 W Town Center Blvd
  • City:
  • Champaign
  • State:
  • IL
  • Postal Code:
  • 61822
  • County:
  • Champaign
  • Area:
  • Champaign/ Savoy
  • Listing Status:
  • For Sale - Active

Building

  • Exterior Description:
  • Aluminum Siding, Eifs (e.G. Dryvit).
  • Stories:
  • 1
  • Year Built:
  • 1999

Land

  • Conforms To Zoning:
  • Commr
  • Lot Square Footage:
  • 85000
  • Suitable Use:
  • Commercial, Retail

Listing

  • Days On Market:
  • 605
  • Originating Mls:
  • Mred
  • Previous Listing Price:
  • 1395000

Money

  • Property Taxes:
  • $21,501
  • Tax Year:
  • 2019

Structures

  • Parking Spaces:
  • 90

Systems

  • Cooling System:
  • Central Air
  • Electricity:
  • Circuit Breakers, Over 600 Amps

Source

  • Listing Provided By Coldwell Banker R.E. Group

    ILMRED
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NOTES

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