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    1511 Triumph Dr Urbana, IL 61802

    Sponsored
    For Sale
    $330,000

    Versatile Commercial Building, .7 Acres, High Traffic

    Property size:
    6,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 1511 Triumph Drive, Urbana, IL, presents a unique investment opportunity. Situated on a highly visible corner lot spanning 0.7 acres, the property boasts a prime location facing Route 45, just north of Frasca Field. The main structure is a modular office building, offering three individual offices, two bathrooms, a spacious inventory room, and a convenient kitchen. This building provides ample space for administrative functions and storage. Additionally, a substantial 40x60 foot insulated steel building is included, featuring a 14-foot overhead door with remote access and two radiant heater units ensuring efficient and comfortable workspace heating. A two-car garage with an overhead door offers further storage and workspace options. The property's versatility makes it suitable for a variety of commercial uses. The current owner operates a mobile home service business from this location. This business, including hundreds of established clients, all HVAC equipment, trucks, repair inventory, and other assets, is available for an additional $100,000. A detailed list of business assets is available in the supplemental documents. This property offers a rare combination of prime location, versatile buildings, and potential for immediate income generation. The total square footage of the buildings is 6,000 square feet. This is an excellent opportunity for an investor or business owner seeking a well-established location with significant growth potential.

    Property Features for 1511 Triumph Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,000 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Urbana Heating and Air ... Heating Contractor

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Storage Facility HVAC Service Bar & Pub Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.18787
    Latitude
    40.14818

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Commercial Building, .7 Acres, High Traffic
    Where is this commercial real estate located?
    The property is located at 1511 Triumph Dr Urbana, IL.
    What is the asking price?
    The asking price for this property is $330,000.
    (217) 356-6100
    Request Owner's contact information
    1511 Triumph Dr Urbana, IL 61802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1511 Triumph Dr Urbana, IL 61802
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