Urbana, IL 61801,1002 W University Avenue
Urbana, IL 61801,1002 W University Avenue
Urbana, IL 61801,1002 W University Avenue
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$500,000
Est. payment /mo
2,800 SqFt
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UPDATED:

02/23/2025 06:25 PM

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $178

MLS Listing ID 12261320

Year Built 1960

Annual Tax Amount $14,460

Tax Year 2023

Lot Dimensions 110 X 77 X 123 X 128

Property Sub-Type Retail/Stores

Property Description

Welcome to a golden opportunity nestled at the bustling Northeast corner of the University of Illinois at Urbana-Champaign. This versatile property, brimming with potential, is an entrepreneur's dream, offering a blank canvas for a thriving retail space, a sleek modern office, or a charming restaurant that could become the new talk of the town. Imagine your business flourishing in the heart of Champaign County, where the air buzzes with the energy of academic excellence and medical innovation, thanks to the nearby prestigious University of Illinois campus and the renowned Carle Hospital. The location of this property is nothing short of strategic, placing your venture at one of the most vibrant and busiest cross sections in the area. Envision your clientele or customers being drawn in by the allure of convenience and the promise of an exceptional experience. Whether they are students seeking a cozy nook to study and sip coffee, professionals in search of a lunch spot that feels like a retreat from the office, or families looking for a delightful dining experience, this property is the perfect backdrop for your vision. The space itself is a chameleon, ready to adapt to your business's unique needs and aesthetic. With its prime location, the foot traffic alone is a valuable asset that can propel your business to new heights. The air here is thick with opportunity, the streets humming with the footsteps of potential patrons whose senses will be captivated by what you create in this space. Don't miss out on this rare chance to plant your flag at the crossroads of commerce and culture in Champaign County. Your entrepreneurial spirit, combined with this property's exceptional location, is a recipe for success that can only be described as a once-in-a-lifetime opportunity.

Location

State IL

County Champaign

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true


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Listed by Hazem Jaber • Coldwell Banker R.E. Group

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1002 W University Avenue