608 W TOWN CENTER Boulevard Champaign, IL $ 2,500,000
608 W TOWN CENTER Boulevard
$ 2,500,000
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608 W TOWN CENTER Boulevard

Champaign, IL, 61822
$ 2,500,000
Bedrooms-- Baths-- Sq 5,800

Monthly Estimate*

$ 15,393

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Commercial Property for sale in Champaign, IL

for $2,500,000. This 5,800 square foot building was built in 1999 on a lot size of 1.95133.

Welcome to a golden opportunity nestled in the bustling heart of commerce, where the aroma of success is as rich as the coffee brewing in the morning. This is not just a property; it's a beacon of potential, a canvas awaiting the masterstroke of your business acumen. Imagine owning a slice of prosperity on a major corridor that pulses with the lifeblood of the city, a stone's throw from the vibrant North Prospect shopping center and the bustling Marketplace Mall. Here, commerce dances to the rhythm of opportunity, and your investment grows with the ebb and flow of the city's heartbeat. Step onto this almost two-acre estate and feel the pulse of potential beneath your feet. The centerpiece is a robust 5,800 sq. ft. restaurant, a culinary haven that whispers tales of sumptuous feasts and clinking glasses, leased to a tenant whose commitment mirrors the strength of this building-five years, with the promise of renewal for another five, ensuring a steady stream of income like a bountiful harvest, $8,300 per month to be precise. As you wander through this well-crafted space, let your senses be your guide. Envision the laughter and conversation of diners, the sizzle of exquisite cuisine being prepared, and the clink of glasses in celebration-all contributing to the symphony of a successful enterprise. But the allure doesn't end there. Adjacent to this bustling eatery lies a vacant acre, a blank canvas kissed by the sun and caressed by possibilities. Here, you have the freedom to erect a 6,000 sq. ft. edifice of your own design, whether it be a retail haven, a professional hub, or an extension of the gastronomic paradise next door. And let's not forget the new Costco, just a block to the west, adding to the magnetic draw of the area, ensuring a steady flow of patrons and the promise of growth. This property, offered at $2,500,000 for the full expanse of opportunity, or $1,250,000 for the vacant acre alone, is not just an investment; it's a cornerstone for your future, a place where your entrepreneurial dreams can take root and flourish. Seize the chance to be a part of this commercial tapestry, to weave your vision into the fabric of this thriving community. This is where your foresight meets fruition, where your business can bloom amidst the thrum of a city on the rise. Welcome to your future. Welcome to success.

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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 21,220

Style

Lot Size

1.95133

Year Built

1999

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

11784961

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Other Aluminum Siding Synthetic Stucco
Year Built 1999
Electric Circuit Breakers Over 600 Amps
Tenant Pays Other
Stories Count 1
Township Champaign
Tax Year 2024
Gross Income 0
County Champaign
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions North on Neil St. west on Town Center Blvd.
City Champaign
Number Of Units Total 1
MLS Area Champaign Savoy
Lot Size Square Feet 85000
Tax Annual Amount 21220
Additional Parcels Y/N N
Leasable Area 0
Virtual Tour https://iframe.videodelivery.net/a9c96ab3d775f8b57fa7a226f2b8a80c
Standard Status Active
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Exterior
Building Area Total 5800
Lot Dimensions 357X270X274X282
Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker R.E. Group

Broker

hazem.jaber@coldwellbanker.com

Email

Affordability Calculator

$17,161
Per Month
90%
10%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$1,768
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2023$2,150,000 Listed Price

Map


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608 W TOWN CENTER Boulevard, Champaign, IL, 61822 is a Commercial Property for sale at $2,500,000 with 5,800 sqft and a lot size of 1.95133. 608 W TOWN CENTER Boulevard was built in 1999. The property's zip code is 61822 which is in Champaign, IL