608 W TOWN CENTER Boulevard
Champaign, IL, 61822 $ 2,500,000
Bedrooms-- Baths-- Sq 5,800 Monthly Estimate*
$ 15,393
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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FeaturesGeneralCooling 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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ExteriorBuilding Area Total 5800
Lot Dimensions 357X270X274X282
Frontage Type City Street
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* Excluded FeaturesList ByColdwell Banker R.E. GroupBroker
hazem.jaber@coldwellbanker.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Champaign, IL
Average List Price $1,502,980
Percent of Sale Price 40%
About Champaign, IL 87,135 Population
24% Since 2002
$ 43,908 Median Income
28.49 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/16/2023 | $2,150,000 | | Listed Price |