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Retail Investment Property
For Sale
Contact for pricing
Pending

501 E Green Street, Champaign, IL 61820

Retail property offered for sale with stated 5.86% cap rate and 33,143 SF.

Property Size33,143 SF
Days on Market112

Property Features for 501 E Green Street

General Information

Standard status Pending
Size 33,143 SF
Property subtype Retail

Additional Details

Cap Rate 5.86%
Listing Agency: SRS Real Estate Partners McLean
Listed By: Andrew Fallon · License #PA RSR006585
Source: Crexi
Added: Apr 10 Changed: Jul 23 Last Checked: Jul 27 at 10:15AM

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 SRS Real Estate Partners McLean

Investment Insights

Based on property information with market context.

This for-sale retail property is presented with a stated 5.86% cap rate and totals 33,143 SF. The offering is categorized as retail space within the commercial real estate market.

The property is located at 501 E Green Street in Champaign, Illinois (61820).

Key Highlights

  • Retail property offered for sale at a stated 5.86% cap rate
  • 33,143 SF retail building

Property Analytics

Current Use

Chase ATM Atm Potbelly Take-out & Catering

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Pet Grooming Service Storage Facility 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

2,460
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Groceries 31% Shops & Services 20%
County Market Groceries
21,552 visits/mo 0.3 miles
Raising Cane's Chicken Fingers Dining
18,300 visits/mo 0.1 miles
Circle K Shops & Services
10,007 visits/mo 0.5 miles
Espresso Royale Dining
6,259 visits/mo 0.4 miles
Potbelly Sandwich Shop Dining
6,041 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale with stated 5.86% cap rate and 33,143 SF.
Where is this retail space located?
The property is located at 501 E Green Street Champaign, IL.
What are key features of this property?
This property features: Retail property offered for sale at a stated 5.86% cap rate; 33,143 SF retail building
(202) 286-1542 Call to check price and availability
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