502 N Hickory Street Champaign, IL $ 999,000
502 N Hickory Street
$ 999,000
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502 N Hickory Street

Champaign, IL, 61820
$ 999,000
Baths0.0 Sq 8,840

Monthly Estimate*

$ 6,978

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Studio

Commercial Property for sale in Champaign, IL

for $999,000. This 8,840 square foot building was built in 1910 on a lot size of 0.183196.

The SeedHouse is a prime Development property in Downtown Champaign consisting of 2 adjoining parcels 502 N. Hickory & 36 E. Washington. Combined lot footprint is 60' x 133'. Zoned for mix use commercial and residential. It would make for an amazing space for any use. This is the last vintage, stand alone property - not adjoining any other structures - in Downtown Champaign. 502 North Hickory St. is a turn of the century two story brick industrial building with a substantial steel sub structure supporting the second floor of 2 x 12s on 12 in centers. Second floor has been transformed into a loft apartment occupied by the property owners. The brick and ceiling rafters are exposed, the floors consist of clear heart long grain pine. Ceiling height is 11 feet w/ a concrete first floor, two bay doors, and a steel exterior staircase. The SeedHouse building measures 40' x 89' - 3560 sq. ft. per floor for a total of 7120 sq. ft. *See Broker remarks for 36 E. Washington Details

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Commercial Active

Price

$ 999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,290

Style

Lot Size

0.183196

Year Built

1910

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

10432284

Features
General
Cooling Central Air Partial
Utilities Electric to Site Gas to Site Sanitary Sewer Sewer-Storm Available Water-Municipal
Possession Negotiable
Zoning OTHER
Construction Materials Brick
Year Built 1910
Electric Three Phase
Tenant Pays Varies by Tenant
Stories 2
Township Champaign
Property SubType Apts/Ofc/Store Apts/Ofc Apts/Stores Ofc/Store
Tax Year 2021
Current Use Other
Gross Income 0
County Champaign
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Condominium Office and Research Development Multi-Family Retail Special Use
Status Active
Directions Between Neil and Walnut Downtown Champaign
City Champaign
Total Units 2
MLS Area Champaign Savoy
Lot Size Square Feet 7980
Street Name Hickory
Tax Annual Amount 2290
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Days on Market 1751
Lease Type N/A
Standard Status Active
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Interior
Flooring Concrete Wood
Street Suffix Street
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Exterior
Building Area Total 8840
Lot Dimensions 60 X 133
Frontage Type City Street
Exterior Brick
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* Excluded Features
List By
Ward & Associates

Broker

debbyauble@gmail.com

Email

Affordability Calculator

$7,169
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,978
Monthly Property Taxes
$191
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.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2019$899,900 -10.00% Price Down
6/27/2019$999,900 Listed Price

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502 N Hickory Street, Champaign, IL, 61820 is a Commercial Property for sale at $999,000 with 8,840 sqft and a lot size of 0.183196. 502 N Hickory Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 61820 which is in Champaign, IL