48 Main St Champaign, IL 61820
- Commercial real estate
Current Use by Public Records
- Food For Seniors - Food Distribution Center / Food Bank
Property Details for 48 Main St
- Construction
- WOOD
- Property type
- Commercial real estate
- APN
- 422012437001
- APU
- 422012437001
Description
This 16,000-square-foot mixed-use building in downtown Champaign, Illinois, offers a unique opportunity. Originally constructed in 1915 and renovated in 2018, the property boasts 8,000 square feet per floor, including an 8,000-square-foot basement suitable as an accessory to the first-floor retail space. The second floor features expansive windows on three sides and 20-foot clear open ceilings, adaptable to various tenant needs. Currently undergoing renovations, the building will be delivered as a "vanilla box," ready for tenant build-out. Located in the heart of downtown Champaign, this property benefits from its prime location amidst numerous restaurants, bars, shops, and vibrant cultural attractions. The building's CB2 zoning allows for a variety of uses. The property's APN is 42-20-12-437-001. The minimum divisible space is 8,000 square feet, with a maximum contiguous space of 16,000 square feet. The building consists of a single suite, currently entirely vacant. Its vintage, urban industrial design blends seamlessly with the surrounding area's character, making it an attractive option for businesses seeking a high-visibility location in a thriving downtown environment. The walkability of the area and the abundance of nearby amenities contribute to its sustainability and appeal.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2411
- Latitude
- 40.1172
- CBSA code
- 16580
- CBSA name
- CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
