3202 E University Ave, Urbana, IL 61802
Improved corner commercial parcel with an operating mobile home park, including nine occupied pads and metered utilities.
Property Features for 3202 E University Ave
General Information
Site & Location
Additional Details
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Investment Insights
Based on property information with market context.
The mobile home park has four POH’s averaging $468 per month and four TOH’s averaging $215 per month. The park is on city water and has its own septic system. Each pad has its own electric and gas meters, and the property provides water and garbage to tenants as part of the rental agreement.
The site is located on the NE side of the intersection of US Route 150 and Illinois Route 130 in Urbana, IL, with Wal-Mart on the SE side, Aldi’s on the NW side, and the United States Post Office on the SW side. Daily traffic counts are stated to exceed 28,000 vehicles per day.
Key Highlights
- 1.88‑acre corner parcel at US Route 150 and Illinois Route 130 in Urbana, IL
- Daily traffic counts exceed 28,000 vehicles per day at the intersection
- Zoned “0060” improved commercial for the parcel
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 61802, IL
Market
Vacancy Rate% for Multifamily in Midwest region