1605 Cunningham Ave Urbana, IL 61802
- Commercial real estate
Current Use by Public Records
- Cardtronics ATM / Atm
Property Details for 1605 Cunningham Ave
- Property type
- Commercial real estate
- APN
- 912104351021
- APU
- 912104351021
Description
This exceptional 3,699 square foot vacant storefront, located at 1605 N Cunningham in Urbana, Illinois, presents a remarkable investment opportunity. Built in 2002, this property boasts a desirable B-3 zoning designation and sits on a spacious 33,477 square foot lot (APN: 91-21-04-351-021). The asking price is $375,000, translating to $101.38 per square foot. Its convenient location offers excellent visibility and accessibility, situated near I-74 with a reported 16,000 vehicles passing daily. The property benefits from its central location within the block, directly across from a major thoroughfare (45), and its proximity to several operating and closed gas stations. Furthermore, its strategic position provides easy access to the University of Illinois, Carle Hospital, and OSF Hospitals, ensuring a robust potential customer base. The building itself features a highly functional and adaptable floor plan, ideal for a variety of retail uses. Ample on-site parking is available, enhancing the convenience for both customers and employees. This vacant building offers a blank canvas for a discerning investor seeking a high-traffic, well-located retail space in a thriving community. The property's size, location, and zoning make it an attractive proposition for a wide range of retail businesses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Urbana
- County
- Champaign
- State
- Illinois
- Longitude
- -88.1993
- Latitude
- 40.1285
- CBSA code
- 16580
- CBSA name
- CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
