1906 Bradley Ave Champaign, IL 61821
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.
-
51Main Restaurant
-
The Park Bar & Grill Bar & Pub
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
Similar Nearby for Lease
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.