Located just half a block from the University of Illinois on Lincoln Avenue, this multi-unit property offers an unbeatable location in the Heart of campus. It's within walking distance of key campus destinations, including Cafe Paradiso, the Department of Social Work, the Department of Dance, and the Early Childhood Lab. Just two blocks to Krannert Center for the Performing Arts and three blocks from the Quad, this property is ideal for students and faculty alike. The current lease runs through July, providing steady rental income in this high-demand area. This is a rare opportunity to invest in a prime location with exceptional potential. Contact us today for more details!
Welcome to the iconic 306 Springfield Ave, a landmark building nestled in the vibrant heart of Urbana, IL. This remarkable property, once the cherished home of Strawberry Fields/World Harvest Foods, has been a cornerstone of the community for over three decades, offering a unique blend of history and opportunity. As you approach this free-standing edifice, you'll be captivated by its commanding presence on a generous plot of over 3/4 of an acre of prime General Commercial land. The location is unparalleled, situated in the bustling downtown area and mere blocks from the prestigious University of Illinois campus, ensuring a constant flow of potential patrons and high visibility. Step inside and immerse yourself in a modern and updated facility that spans close to 10,000 square feet of versatile space. The air hums with potential, inviting you to envision your business thriving within these walls. The expansive refrigeration space, complete with freezers and shelving fixtures, stands ready to accommodate your inventory needs, while the aroma of freshly baked goods could once again waft from the full bakery and kitchen. Imagine the laughter and chatter of customers as they enjoy the offerings of the fully equipped spacious cafe, a space that presents an additional opportunity for your own venture or to host a tenant's business. The ambiance is ripe for creating a community hub where memories are made and traditions are born. This key-in ready gem is more than just a building; it's a canvas for your entrepreneurial dreams. Whether you see a bustling single business or a dynamic strip mall with multiple tenants, the possibilities are as vast as your vision. The listed price opens the door to this incredible structure, with the option to infuse it with the lifeblood of commerce by purchasing the fixtures and equipment for an additional $200,000. This is more than a transaction; it's an invitation to be part of Urbana's legacy and future. Don't let this rare opportunity slip through your fingers. Call to book your private showing appointment today and take the first step towards making 306 Springfield Ave the home of your business aspirations.
A very unique opportunity to purchase buildings on a lot facing Rt 45 in Urbana. This property is just North of Frasca Field on Triumph Drive. It features a modular office building with 3 office's, two bathrooms, a large inventory room and a kitchen. The insulated 40x60 steel building has a 14 foot door with a remote. It also has two runs of radiant heater units. These units are more than enough to keep this work area heated. Behind the office is a 2 car garage with an overhead door. All of this sits on a corner lot on .7 acres. The owner runs a mobile home service business. For an additional $100,000 the owner will sell the business with hundreds of clients that he services both mobile home and single family home. All the HVAC equipment, trucks, equipment and repair inventory. List of assets in the "special documents" section.
Expand your rental portfolio with 202 S Grove, a conveniently located 5-unit building near downtown Urbana. Each unit is a one-bedroom with its own kitchen and bathroom. Two units have been recently remodeled, while the other three house long-term tenants. Tenants are responsible for individually metered electric and gas, with water, sewer, and heat covered by a monthly utility credit. Recent upgrades include a new efficient hot water radiant heat boiler. With R-4 zoning, this property offers immediate returns and significant potential for future development or renovation.
Apartment building with exquisite Character just 1 block from Lincoln Ave and 6 blocks North of Florida. Fantastic location and space. Vintage classic appeal from the Hardwood Doors, Floors, Trim and so much more. 4 expansive 2 bedroom units, 1 very bright -2 bedroom garden unit and a 1 studio unit. Washer, Dryer in basement for students to use. Great off street parking area for each unit that includes Bike Rack for students. Secondary exterior back staircase with connecting attic storage for owner or possible future development. These apartments are in great shape with good tenant history, always full each year.
The first floor has 2,280 square feet. The basement has 5,023 square feet.
Don't miss your chance to own this well-situated apartment complex! It is perfectly placed in a quiet Urbana neighborhood, but still close to everything Champaign-Urbana has to offer! This building features 1, 2 and 3 bedroom apartments and townhouses. Secured entry and free off-street parking. It is a half block to the Red line and 2 blocks to the Green St, both take you to the central terminal downtown and to the University of Illinois campus. Grocery and convenience shopping nearby and there is fiberoptic internet access to every apartment. This is a great investment opportunity!
The space consists of seven offices, a large reception/lobby area, a record vault, a kitchenette, and separate men' s and women' s three-piece restrooms facilities. The space is accessed via elevator service from the main lobby and two stairwells. Multiple atriums provide natural light throughout the space. Large balcony space off of one office. Ample parking is available on site. Additional on-street parking is available. This property is eligible for TIF incentives from the City of Urbana. The space is located at 507 S. Broadway, Urbana, within easy walking distance of Lincoln Square Mall, the City of Urbana offices, the Champaign County Courthouse, the Federal Courthouse and downtown Urbana. Highway access is readily available via Vine Street/Cunningham Avenue to I-74. Aggressive zoning. Prime B-3 and B-4 zoning. Great location for future developments for a growing downtown Urbana. Owner financing is available with 25% downpayment at 6% with a 5 year Balloon.
Outstanding location for this 11 bedroom, 4 bathroom rooming house for sale! Perfect for a small fraternity, sorority, or student group. This property is currently leased for the 2023-2025 school years at $3,750 but at 400-500 per bedroom could generate more! This property has great character with hardwood floors, two kitchens, and free parking. View it today!
Here is your opportunity to obtain a newer commercial building, providing almost 2500 square feet of space, sitting on a conveniently located, highly visible location in the Urbana Schnucks Parking Lot. This building offers three drive-through bays with motorized 10 foot overhead doors, full basement with oil change/service access stations, waste oil heater included, that has been updated to a "Metered" System. The front office has central heating and air conditioning for your comfort, along with a customer restroom. The shop is heated and includes an office, bathroom and utility room for employee convenience. There is also a single bay automatic car wash system with in-floor radiant heated floor and reverse osmosis system, all for providing a higher level of service to your customers. Schedule your tour today and let your entrepreneurial imagination run wild.
Urbana is located in Illinois. Urbana, Illinois has a population of 39,189. Urbana is less family-centric than the surrounding county with 22.59% of the households containing married families with children. The county average for households married with children is 30.63%.
The median household income in Urbana, Illinois is $37,701. The median household income for the surrounding county is $56,939 compared to the national median of $69,021. The median age of people living in Urbana is 25.2 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 40.8 inches per year, with 20.7 inches of snow per year.