713 Market St Champaign, IL 61820-3004
- Auto shops
- 0.83 lot acres
Jan 07, 2021
Current Use by Public Records
- Silver Machine Shop / Machine Shop
Property Details for 713 Market St
- Lot size
- 0.83 lot acres
- Property type
- Auto shops
- APN
- 422012289007
- APU
- 422012289007
Description
This exceptional 1.3-acre industrial property at 713 N Market Street in Champaign, IL, presents a unique investment opportunity. The site boasts three buildings totaling 19,300 square feet, offering a blend of historical charm and modern functionality. The newest structure, built in 2000, comprises 9,600 square feet and features a pole-frame design with four 14-foot overhead doors, an 8-inch thick floor, 800-amp electrical service, a small office, multiple bathrooms, central air conditioning, and natural gas space wall heaters. The older structures, dating back to 1881 with additions in 1990 and 1993, encompass 9,700 square feet, including a 5,158 square foot second floor in the original brick building. This section features original hardwood floors and windows, a small office, two bathrooms, and is conditioned with plumbing for an air compressor system. The older buildings have a 6-inch thick floor. The property benefits from its location within the Champaign Enterprise Zone, surrounded by similar industrial and construction businesses, and enjoys excellent visibility along Market Street on the north side of downtown Champaign. This versatile property is ideal for a variety of industrial or commercial uses, offering significant potential for redevelopment or continued operation. The asking price is $1,200,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $275,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2393
- Latitude
- 40.1237
- CBSA code
- 16580
- CBSA name
- CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA