Mixed-Use Property with Shop
For Sale
$139,900
507 Crystal Lake Drive, Urbana, IL 61802
MULTI-zoned parcel includes an apartment and a separate shop area.
Property SizeContact for details
Days on Market22
Property Features for 507 Crystal Lake Drive
General Information
Standard status
Active
Property subtype
Commercial
Zoning
MULTI
Taxes and HOA fees
Annual Taxes
$2,687
Building Details
Year Built
1946
Stories
1
Units
1
Listing Agency:
RE/MAX REALTY ASSOCIATES-CHA
(217) 373-4802
Listed By:
Eddie Mullins · License #475131641
Source:
Jjillrealtygroup
Added: Aug 10
Changed: Aug 30
Last Checked: Aug 30 at 9:56PM
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 RE/MAX REALTY ASSOCIATES-CHA
Investment Insights
Based on property information with market context.
This mixed-use parcel contains one remaining structure with an apartment and an adjoining shop area. The building was constructed in 1946. The shop area was previously used for storage, shop work, and laundry facilities associated with the property.
The 1/3-acre site is addressed at 507 Crystal Lake Drive in Urbana, Illinois, with access to Cunningham Avenue and University Avenue. The property was originally developed as a mobile home park, although only the described building remains.
The 1/3-acre site is addressed at 507 Crystal Lake Drive in Urbana, Illinois, with access to Cunningham Avenue and University Avenue. The property was originally developed as a mobile home park, although only the described building remains.
Key Highlights
- 1/3‑acre mixed‑use parcel
- MULTI zoning designation
- Remaining structure includes an apartment and shop area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
969
Businesses Nearby
Explore this area
Business Placement
Demographics for 61802, IL
19,460
Population
10,066
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
82.1 sq mi
ZIP Area
237
Density / Sq Mi
$58,588
Median Household Income
$40,600
Median Earnings
$996
Median Rent
$158,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - MULTI-zoned parcel includes an apartment and a separate shop area.
Where is this mixed-use property located?
The property is located at 507 Crystal Lake Drive Urbana, IL.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: 1/3‑acre mixed‑use parcel; MULTI zoning designation; Remaining structure includes an apartment and shop area
