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    710 S Goodwin Ave Urbana, IL 61801

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    For Lease
    $9 SF/Yr ($1,023 /Mo)

    Two retail/office suites available near the University of Illinois campus.

    Property size:
    1,365 SF
    Lot size:
    0.41 Acres

    Property Features for 710 S Goodwin Ave

    General Information

    Size
    1,365 SF
    Lot size
    0.41 Acres

    Source: SVN | Ramshaw Real Estate, Inc. Agent Jordan Dunahee

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail/Office Suites Near U of I

    Available for lease are two separate retail/office suites located within the Timpone's / Canopy Club building, situated on the southeast side of the University of Illinois campus. Suite 3 offers 1,365 square feet of space on the main floor, with access to an unfinished basement of the same footprint, which is not included in the square footage. The main floor is currently configured with 13 small rooms/offices, a restroom, and a reception area at the entrance. The basement includes a room plumbed for an additional bathroom. The suite's layout can be modified to create a more open retail or office space, as the rooms are divided by floating walls. Suite 2 is a 1,170 square foot second-floor office space featuring two curved offices at either end, an open central area, and a kitchenette and bathroom adjacent to the open space. The intended use of the property is for retail or office purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Timpone's Italian Restaurant 710 Mart Convenience Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2237013
    Latitude
    40.1063812

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    FAQs

    What type of property is this?
    Office space - Two retail/office suites available near the University of Illinois campus.
    Where is this office space located?
    The property is located at 710 S Goodwin Ave Urbana, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Located on the southeast side of the University of Illinois (U of I) campus.; - Suite 3 offers 1,365 SF on the main floor with an unfinished basement of the same footprint.; - Suite 2 is a 1,170 SF second-floor office space.
    (309) 846-8941
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    710 S Goodwin Ave Urbana, IL 61801
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    Urbana, IL 61801
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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
    710 S Goodwin Ave Urbana, IL 61801
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