301 E Green Street Champaign, IL $ 1,450,000
301 E Green Street
$ 1,450,000
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301 E Green Street

Champaign, IL, 61820
$ 1,450,000
Bedrooms-- Baths-- Sq 1,300

Monthly Estimate*

$ 8,928

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Commercial Property for sale in Champaign, IL

for $1,450,000. This 1,300 square foot building was built in 1985 on a lot size of 0.128788.

Located at the high-visibility corner of Green Street and Third Street, this fully leased commercial property offers a rare chance to own a turn-key investment in the vibrant Campustown district - the retail and dining hub that serves over 60,000 University of Illinois students. 1,300 SF building on a 0.13-acre corner lot; On-site private parking - a rare amenity in this corridor; Fully leased with a 5-year term + one 5-year extension option; Major building upgrades completed in 2020; Zoned: Commercial Central Business District (CBD-3); Additional income from a billboard lease; Excellent visibility and foot traffic on the Green Street corridor; Future development potential in one of Champaign's most in-demand locations; 2024 Property Taxes: $20,010. Whether you're seeking a stable, income-producing asset or a long-term redevelopment play in the core of Campustown, this property checks all the boxes. Contact Guth & Associates for more information.

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Commercial Active

Price

$ 1,450,000

Property Type

Commercial

Taxes

$ 20,010

Style

Lot Size

0.128788

Year Built

1985

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

12540681

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1985
Electric Service - 101 to 200 Amps
Stories Count 1
Township Champaign
Property Subtype Restaurant
Tax Year 2024
Assoc Fee Paid Per Not Applicable
County Champaign
Net Operating Income 67000
Property Type Commercial Sale Retail/Stores
Status New
Directions SW corner of E Green St and S 3rd St
City Champaign
Number Of Units Total 1
MLS Area Champaign Savoy
Lot Size Square Feet 5610
Tax Annual Amount 20010
Additional Parcels Y/N N
Leasable Area 1300
Standard Status Active
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Exterior
Building Area Total 1300
Lot Dimensions 66x85
Frontage Type City Street
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* Excluded Features
List By
Guth & Associates,Llc

Broker

jill@guthandassociates.com

Email

Affordability Calculator

$10,595
Per Month
84%
16%
0%
Monthly Principal & Interest
$8,928
Monthly Property Taxes
$1,668
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
1/6/2026$1,450,000 Listed Price

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301 E Green Street, Champaign, IL, 61820 is a Commercial Property for sale at $1,450,000 with 1,300 sqft and a lot size of 0.128788. 301 E Green Street was built in 1985. The property's zip code is 61820 which is in Champaign, IL