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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1906 Bradley Ave Champaign, IL 61821

6,895 SF
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1906 W Bradley Ave in Champaign, IL 61821, offers 6,895 square feet of versatile space currently operating as a bar and restaurant. The two-story building sits on a 61,600 square foot lot and boasts 40 parking spaces, a significant advantage in this high-traffic area. The first floor encompasses 4,623 square feet, while the second floor provides an additional 2,272 square feet of space. Recent renovations enhance the property's appeal. The fully equipped kitchen and existing gaming machines present immediate operational capabilities. Its prime location near Parkland College, the University of Illinois campus, and downtown Champaign ensures high visibility and accessibility. The property is zoned for commercial use, offering a multitude of potential applications beyond its current configuration. This presents a unique investment opportunity with significant upside potential. The asking price is $1,100,000.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,895 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 51Main Restaurant
  • The Park Bar & Grill Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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