REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,150,000
Est. payment | /mo
5,800 SqFt
$ 2,150,000
Est. payment | /mo
5,800 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 5,800 sqft
Price per Sqft $370
MLS Listing ID 11784961
Year Built 1999
Annual Tax Amount $24,091
Tax Year 2022
Lot Dimensions 357X270X274X282
Property Description
Great income producing property strategically located in the commercial side of town. On a major corridor connecting North Prospect shopping center and Marketplace Mall. One block west of the new Costco in the Mall. Almost two acres of land and 5800 sq. ft of well-built restaurant that is leased for 5 years renewable for two more terms of 5 years each. Gross rent of $7500/month. The vacant acre can be used to build an additional 6000 sq. ft building of your choice. The price for all is $2,150,000. The price for the vacant acre only is $1,100,000.
Location
State IL
County Champaign
Area Champaign, Savoy
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
Level or Stories 1
Structure Type Other
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Listed by Hazem Jaber • Coldwell Banker R.E. Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "