Redevelopment Parcel For Sale

SaleLandRetail 2,450 SF

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Property Highlights

61 E University Ave
Champaign, IL 61820

Price: $450,000

Building Size: 2,450 SF

Lot Size (sqft): 12,041 SF

Zoning: CB1 – Central Business Urban Fringe

Tax PIN: 42-20-12-487-001

RE: $5,958.06

Documents

Brochure

Aerial

Property Description

Subject property was the long term home to the Thrifty Nickle advertisement periodical. Given the proximity to Downtown Champaign and the potential “The Yards” development which has proposed 175 room hotel, convention space for up to 1,000, 100+ apartments, and a 5,000 seat multipurpose arena that could house D1 Hockey. Currently the site is .28 acres and has a 2,450 SF leased (flexible terms) building as well as additional billboard income.

Area Description

The property is located just east of downtown Champaign and is adjacent to the Illinois Terminal (multimogle transit hub) & Champaign Police Department on University Ave.

Map

201 W Springfield Ave, 11th floor Champaign, IL 61820 | 217-352-7712

www.CBCDR.com

The information found within this brochure is for informational purposes only, and is not audited, warranted or in any fashion guaranteed by Coldwell Banker Commercial Devonshire Realty. It is subject to verification and no liability for errors or omissions is assumed. Notice of Agency: Coldwell Banker Commercial Devonshire Realty is the exclusive agent for the seller/lessor and therefore represents the seller/lessor, unless expressed otherwise in writing with the parties to a transaction.