0 Clark St Champaign, IL 61820
This exceptional commercial property presents a rare opportunity in the vibrant Champaign, Illinois market. Located at 101-107 E University Avenue & 102-106 E Clark Street, this offering encompasses a combined retail and land parcel zoned CB1 - Central Business Urban Fringe within Champaign County. The property features multiple tenancy options, ideal for a variety of retail businesses seeking high visibility and foot traffic. The total building square footage is 1 square foot, however, the significant land area, ranging from 1.32 to 2.26 acres, provides substantial development potential. This expansive lot offers significant flexibility for expansion or redevelopment, catering to a wide range of commercial ventures. The property's strategic location in Champaign, IL, zip code 61820, places it within easy reach of a dense population base and significant consumer spending. The address boasts excellent street frontage on both East University Avenue and East Clark Street, ensuring high visibility and accessibility for customers. This is a unique opportunity to acquire a versatile commercial property with significant upside potential in a thriving Illinois market. The property is currently available for lease. Interested parties should inquire for detailed lease terms and conditions. Coordinates: 40.116147, -88.238264.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.