502 Hickory StChampaign, IL 61820

Property Details for 502 Hickory St

Property type

Industrial properties

Property subtype

Other warehouses

APN

422012284007

APU

422012284007

Description

This exceptional downtown Champaign development opportunity presents a unique blend of commercial and residential potential. The property, located at 502 North Hickory Street, consists of two adjoining parcels totaling 60' x 133' and is zoned for mixed-use commercial and residential development. The main structure, a 7,120 square foot, turn-of-the-century two-story brick industrial building, boasts a substantial steel substructure supporting a second-floor loft apartment. This vintage building, unlike any other in downtown Champaign, offers a unique character with exposed brick, ceiling rafters, and clear heart long grain pine floors. The first floor features an 11-foot ceiling height, two bay doors, and a steel exterior staircase. The building's dimensions are 40' x 89', with 3,560 square feet per floor. This prime location offers unparalleled visibility and accessibility within the vibrant downtown area. The property's asking price is $899,900, translating to $126.39 per square foot. Built in 1910, this property presents a rare chance to acquire a piece of Champaign's history and transform it into a thriving commercial or residential space, or a combination of both. The property's unique features and prime location make it an ideal investment for developers seeking a high-impact project in a thriving urban setting. Further details regarding the adjoining parcel are available upon request.

Location Insight

City

Champaign

County

Champaign

State

Illinois

Latitude

40.1201

Longitude

-88.2422

CBSA code

16580

CBSA name

CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.