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Former Gas Station Property Available
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1101 N Prospect Ave, Champaign, IL 61820

Former gas station with car wash potential near Interstate 74.

Property Size3,014 SF
Price / SF$165.89
Days on Market1090

Property Features for 1101 N Prospect Ave

General Information

Standard status Active
Size 3,014 SF
Property subtype Land
Listing Agency: SVN Core 3
Listed By: Carrie Tinucci-Troll · License #IL475166842
Source: Crexi
Added: Sep 13, 2023 Changed: Aug 27 Last Checked: Sep 4 at 8:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Core 3

Investment Insights

Based on property information with market context.

This property, formerly a gas station, presents a commercial opportunity. The site includes an existing 3,014 square foot building situated on a large lot. An additional building previously operated as a car wash. Located at the corner of Prospect and Bradley Avenue, the property benefits from high visibility and ample parking. Its location is just minutes from Interstate 74. Interested parties should inquire about site restrictions.

Key Highlights

  • Large lot size suitable for redevelopment or expansion.
  • Excellent visibility due to corner lot location at Prospect and Bradley Ave.
  • Proximity to Interstate 74 provides easy access and high traffic flow.

Property Analytics

Current Use

Cardtronics ATM Atm

Suggested Use

Top Pick Dental Office Nail Salon Hair Salon Electrical Service Furniture & Home Goods HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

696
Businesses Nearby

Demographics for 61820, IL

40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Former gas station with car wash potential near Interstate 74.
Where is this commercial land located?
The property is located at 1101 N Prospect Ave Champaign, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Large lot size suitable for redevelopment or expansion.; Excellent visibility due to corner lot location at Prospect and Bradley Ave.; Proximity to Interstate 74 provides easy access and high traffic flow.
(331) 452-6860 Call to check price and availability
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