Search
Freestanding Restaurant with Drive-Thru
For Sale
Contact for pricing

1502 N Prospect Ave, Champaign, IL 61820

Freestanding restaurant offering drive-thru access, ample parking, and available FF&E and pole signage.

Property Size2,600 SF
Days on Market1431

Property Features for 1502 N Prospect Ave

General Information

Standard status Active
Size 2,600 SF
Property subtype RETAIL
Listing Agency: Pace Properties
Listed By: Ashley Krekovich · License #475207319
Source: Moodyscre
Added: Sep 1, 2022 Changed: Jul 27 Last Checked: Jul 31 at 12:22PM

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 Pace Properties

Investment Insights

Based on property information with market context.

This freestanding restaurant is set up with drive-thru service and includes existing FF&E available for an incoming operator. A pole sign is also available, supporting on-site branding and visibility.

The property is located at the intersection of Prospect Avenue and Bloomington Road, with reported traffic counts of 21,600 VPD on Prospect Avenue and 12,100 VPD on Bloomington Road.

Ample parking is provided, supporting convenient customer access for both drive-thru and on-site visits.

Key Highlights

  • Freestanding restaurant with drive‑thru
  • Located at the intersection of Prospect Avenue (21,600 VPD) and Bloomington Road (12,100 VPD)
  • Existing restaurant FF&E available

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Building Supply Electrical 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

797
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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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?
Drive through restaurant - Freestanding restaurant offering drive-thru access, ample parking, and available FF&E and pole signage.
Where is this drive through restaurant located?
The property is located at 1502 N Prospect Ave Champaign, IL.
What are key features of this property?
This property features: Freestanding restaurant with drive‑thru; Located at the intersection of Prospect Avenue (21,600 VPD) and Bloomington Road (12,100 VPD); Existing restaurant FF&E available
(314) 785-7613 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message