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608 W Town Center Boulevard

Champaign, IL 61822
  • $2,150,000
  • STATUS: Active
  • ON SITE: 215 Days
  • MLS #: 11784961
UPDATED: 214 min ago
$2,150,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1999
County:
Area:

School Ratings & Info

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 $2,150,000. The price for the vacant acre only is $1,100,000.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Main Place Real Estate. Based on information submitted to the MRED as of 2024-05-18T23:59:53.2 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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608 W Town Center Boulevard Champaign, IL 61822

  • Price: $2,150,000
  • Status: Active
  • On Site: 215 Days
  • Updated: 214 min ago
  • MLS #: 11784961
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1999
Built
Neighborhood:
Champaign
County:
Champaign
Area:
Champaign
Property 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 $2,150,000. The price for the vacant acre only is $1,100,000.
Exterior Features

Exterior Building Type Aluminum SidingEIFS (e.g. Dryvit). Frontage Type City Street Outdoor Parking 51-100 Spaces Roof Structure Metal DeckingOther

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv ControlsForced AirGas Miscellaneous Inside Accessible Entrance Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 5800 Electric Circuit BreakersOver 600 Amps Fire Protection Fire Extinguisher/s Gross Income 0 Gross Scheduled Income 0 Leasable Area 0 Location Corner Mls Actual Status Active Net Operating Income 0 Number Of Tenants 1 Operating Expense 0 Property Offered For Sale Only Property Sub Type RestaurantShopping Center Tax Annual Amount 24091 Tax Year 2022 Tenant Pays Other Township Champaign Type Retail/Stores Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker R.E. Group: 217-351-1988.


© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Main Place Real Estate. Based on information submitted to the MRED as of 2024-05-18T23:59:53.2 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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