507 S Broadway Avenue, Urbana, IL 61801

  • $995,000
  • $995,000
507 S Broadway Avenue, Urbana, IL 61801
  • Commercial Sale
  • Property Type
  • 1972
  • Year Built
For Sale
507 S Broadway Avenue, Urbana, IL 61801
  • $995,000
  • $995,000

Overview

Property ID: 13548412
  • Commercial Sale
  • Property Type
  • 1972
  • Year Built

Description

The space consists of seven offices, a large reception/lobby area, a record vault, a kitchenette, and separate men’ s and women’ s three-piece restrooms facilities. The space is accessed via elevator service from the main lobby and two stairwells. Multiple atriums provide natural light throughout the space. Large balcony space off of one office. Ample parking is available on site. Additional on-street parking is available. This property is eligible for TIF incentives from the City of Urbana. The space is located at 507 S. Broadway, Urbana, within easy walking distance of Lincoln Square Mall, the City of Urbana offices, the Champaign County Courthouse, the Federal Courthouse and downtown Urbana. Highway access is readily available via Vine Street/Cunningham Avenue to I-74. Aggressive zoning. Prime B-3 and B-4 zoning. Great location for future developments for a growing downtown Urbana. Owner financing is available with 25% downpayment at 6% with a 5 year Balloon.

  • Address 507 S Broadway Avenue
  • City Urbana
  • State/county IL
  • Zip/Postal Code 61801
  • Country United States

Details

Updated on August 30, 2024 at 2:04 am
  • Property ID: 13548412
  • Price: $995,000
  • Year Built: 1972
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 5100
  • MLS#: MRD11936062
  • Office Name: WEINER CO., LTD.
  • Agent Name: Jonah Weisskopf
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD95017
  • List Agent MLSID: MRD952477
  • List Date: 2023-11-28T15:04:06.000Z
  • Cooling: Central Air,Zoned
  • Tax Annual: 19938
  • Tax Year: 2021
  • County: Champaign
  • Property SubType: Office

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