118 N Walnut Street Champaign, IL $ 950,000
118 N Walnut Street
$ 950,000
Share Save

118 N Walnut Street

Champaign, IL, 61820
$ 950,000
Baths0.0 Sq 2,653

Monthly Estimate*

$ 6,636

118 N Walnut Street, Champaign, IL 61820 - Image 1
118 N Walnut Street, Champaign, IL 61820 - Image 2
118 N Walnut Street, Champaign, IL 61820 - Image 3
118 N Walnut Street, Champaign, IL 61820 - Image 4
118 N Walnut Street, Champaign, IL 61820 - Image 5
118 N Walnut Street, Champaign, IL 61820 - Image 6
118 N Walnut Street, Champaign, IL 61820 - Image 7
118 N Walnut Street, Champaign, IL 61820 - Image 8
118 N Walnut Street, Champaign, IL 61820 - Image 9
118 N Walnut Street, Champaign, IL 61820 - Image 10
118 N Walnut Street, Champaign, IL 61820 - Image 11
118 N Walnut Street, Champaign, IL 61820 - Image 12
118 N Walnut Street, Champaign, IL 61820 - Image 13
118 N Walnut Street, Champaign, IL 61820 - Image 14
118 N Walnut Street, Champaign, IL 61820 - Image 15
118 N Walnut Street, Champaign, IL 61820 - Image 16
118 N Walnut Street, Champaign, IL 61820 - Image 17
118 N Walnut Street, Champaign, IL 61820 - Image 18
118 N Walnut Street, Champaign, IL 61820 - Image 19
118 N Walnut Street, Champaign, IL 61820 - Image 20
118 N Walnut Street, Champaign, IL 61820 - Image 21
118 N Walnut Street, Champaign, IL 61820 - Image 22
118 N Walnut Street, Champaign, IL 61820 - Image 23
118 N Walnut Street, Champaign, IL 61820 - Image 24
118 N Walnut Street, Champaign, IL 61820 - Image 25
118 N Walnut Street, Champaign, IL 61820 - Image 26
118 N Walnut Street, Champaign, IL 61820 - Image 27
118 N Walnut Street, Champaign, IL 61820 - Image 28
118 N Walnut Street, Champaign, IL 61820 - Image 29
118 N Walnut Street, Champaign, IL 61820 - Image 30
118 N Walnut Street, Champaign, IL 61820 - Image 31
118 N Walnut Street, Champaign, IL 61820 - Image 32
118 N Walnut Street, Champaign, IL 61820 - Image 33
118 N Walnut Street, Champaign, IL 61820 - Image 34
118 N Walnut Street, Champaign, IL 61820 - Image 35
118 N Walnut Street, Champaign, IL 61820 - Image 36
118 N Walnut Street, Champaign, IL 61820 - Image 37
118 N Walnut Street, Champaign, IL 61820 - Image 38
118 N Walnut Street, Champaign, IL 61820 - Image 39
118 N Walnut Street, Champaign, IL 61820 - Image 40
118 N Walnut Street, Champaign, IL 61820 - Image 41
118 N Walnut Street, Champaign, IL 61820 - Image 42
118 N Walnut Street, Champaign, IL 61820 - Image 43
118 N Walnut Street, Champaign, IL 61820 - Image 44
118 N Walnut Street, Champaign, IL 61820 - Image 45
118 N Walnut Street, Champaign, IL 61820 - Image 46
118 N Walnut Street, Champaign, IL 61820 - Image 47
118 N Walnut Street, Champaign, IL 61820 - Image 48
118 N Walnut Street, Champaign, IL 61820 - Image 49
118 N Walnut Street, Champaign, IL 61820 - Image 50
118 N Walnut Street, Champaign, IL 61820 - Image 51
118 N Walnut Street, Champaign, IL 61820 - Image 52
118 N Walnut Street, Champaign, IL 61820 - Image 53
118 N Walnut Street, Champaign, IL 61820 - Image 54
118 N Walnut Street, Champaign, IL 61820 - Image 55
118 N Walnut Street, Champaign, IL 61820 - Image 56
118 N Walnut Street, Champaign, IL 61820 - Image 57
118 N Walnut Street, Champaign, IL 61820 - Image 58
118 N Walnut Street, Champaign, IL 61820 - Image 59
118 N Walnut Street, Champaign, IL 61820 - Image 60
118 N Walnut Street, Champaign, IL 61820 - Image 61
118 N Walnut Street, Champaign, IL 61820 - Image 62
Studio

Commercial Property for sale in Champaign, IL

for $950,000. This 2,653 square foot building was built on a lot size of 0.036961.

A great investment opportunity in downtown Champaign that you won't want to miss! Discover the epitome of charm and character in this remarkable commercial property boasting a unique atmosphere that marries history and modernity in the first-floor retail space and additional units. This exceptional offering is an extraordinary opportunity for entrepreneurs, investors, and visionaries alike with endless opportunities. Key Features: Distinctive Atmosphere: Step into a world of character and ambiance as you enter this one-of-a-kind establishment. The property showcases 14-foot ceilings that create an expansive and inviting space. The woodwork throughout the building adds an authentic touch to the decor. This property consists of five units that are currently utilized for Airbnb accommodations. It represents a fantastic investment opportunity with substantial income potential. The property's current use as short-term rentals positions it well for generating consistent and lucrative returns. Functional Basement: The property's full basement is partially finished and equipped with essential mechanicals, including a built-in cooler and an office space. This basement area can serve as valuable storage or operational space. This outstanding commercial real estate opportunity offers a unique blend of historical charm, income potential, and strategic location. If you're an experienced entrepreneur looking to expand your portfolio, this property promises an exceptional return on investment.

See more

Commercial Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,739

Style

Bar/Tavern/Lounge

Lot Size

0.036961

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

11913446

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Electric Separate Meters
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Roof Structure Tax Stops Sewer
Stories 3
Tax Year 2022
Current Use Commercial
Business Type Bar/Tavern/Lounge
County Champaign
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial Other
Status Active
Directions Walnut St in Downtown Champaign
City Champaign
MLS Area Champaign Savoy
Lot Size Square Feet 1610
Street Name Walnut
Tax Annual Amount 5739.1
Additional Parcels Y/N N
Days on Market 48
Standard Status Active
See more
Exterior
Building Area Total 2653
Lot Dimensions 20X80
Frontage Type City Street
See more
Interior
Street Suffix Street
See more
* Excluded Features
List By
Keller Williams-Trec

Broker

steve@littlefieldhomes.com

Email

Affordability Calculator

$7,114
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,636
Monthly Property Taxes
$478
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2023$950,000 Listed Price

Map


See all

118 N Walnut Street, Champaign, IL, 61820 is a Commercial Property for sale at $950,000 with 2,653 sqft and a lot size of 0.036961. 118 N Walnut Street is a studio with 0.0 baths. The property's zip code is 61820 which is in Champaign, IL