Prime Commercial Property with
608 W TOWN CENTER Boulevard, Champaign, IL 61822
Two-acre commercial property with restaurant and vacant land.
Type:Commercial/Industrial
Property size:
5,800 SFLot size:
2.00 AcresPrice / SF:
$431/SF- Added:
- Mar 12, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 9:58 pm
Property Features for 608 W TOWN CENTER Boulevard
General Information
- Standard status
- Active
- Size
- 5,800 SF
- Lot size
- 2.00 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1999
Listing agent Hazem Jaber License #475115467
Listing office Coldwell Banker R.E. Group (217) 351-1988
Listing date Mar 12, 2026
Source Exitrealty
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 Coldwell Banker R.E. Group
HighLights
- Prime location on a major commercial corridor near North Prospect shopping center and Marketplace Mall.
- Existing 5,800 sq. ft. restaurant leased for 5 years with a 5‑year renewal option, generating $8,300 per month in income.
- Adjacent vacant acre allows for construction of a 6,000 sq. ft. building for retail, professional, or restaurant expansion.
- New Costco located just one block to the west, driving increased traffic to the area.
- Property consists of almost two acres, offering substantial development potential.
- Opportunity to purchase the entire property for $2,500,000 or the vacant acre separately for $1,250,000.
Overview
This commercial property is located on a major corridor near the North Prospect shopping center and Marketplace Mall. The property includes a 5,800 sq. ft. restaurant leased to a tenant for five years, with an option to renew for another five years, generating a monthly income of $8,300. Adjacent to the restaurant is a vacant acre of land, suitable for constructing a 6,000 sq. ft. building for retail or professional use. A new Costco is located one block to the west, enhancing the area's commercial appeal. The property is suitable for various business ventures and is located in a thriving community.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Las Palmas Mexican ...
Restaurant
Similar Places Nearby
- Chinatown Buffet — 713 W Marketview Dr, Champaign, IL 61822
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2521
- Latitude
- 40.1432
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Two-acre commercial property with restaurant and vacant land.
Where is this conventional restaurant located?
The property is located at 608 W TOWN CENTER Boulevard Champaign, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime location on a major commercial corridor near North Prospect shopping center and Marketplace Mall.; Existing 5,800 sq. ft. restaurant leased for 5 years with a 5‑year renewal option, generating $8,300 per month in income.; Adjacent vacant acre allows for construction of a 6,000 sq. ft. building for retail, professional, or restaurant expansion.
