$995,000
( $195.10Per Sq Foot )
 $5,341 est/mo Sourced by Back At You

507 S Broadway Avenue , Urbana, IL 61801

Urbana, IL 61801

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Description

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.

Details

MLS#11936062
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusActive
Year1972
Days On Site344
Listing Provided ByWeiner Co., Ltd. | Jonah Weisskopf

Features

SQ Feet5,100
Story(s)2
Units4

Market Activity 61801

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Learn More About This Property

StateIL
CountyChampaign
CityUrbana
Zip Code61801
AreaUrbana
Listing VS Median (in 61801)
Price:
$995,000
low | high
Med:
$245,000
100% of Average
SqFt:
5,100
low | high
Med:
1,868
100% of Average
$ / SqFt:
$195
low | high
Med:
$131
82.774149118182% of Average
On Site:
344
low | high
Med:
42.000000
100% of Average
Sourced by Back At You
Listing Updated: October 8, 2024 at 3:06:07 PM PDT