12 Main StChampaign, IL 61820

  • Retail properties
For Lease
$15/SF/YR View listing

Property Details for 12 Main St

Property type
Retail properties
Property subtype
Retail space
APN
422012429004
APU
422012429004

Description

This exceptional 2531-square-foot retail/office space is located in the vibrant heart of Downtown Champaign, Illinois. Currently undergoing a complete exterior facade restoration, the property will feature a stunning new storefront and glazing, returning it to its original architectural glory. The first floor comprises two combined retail units, offering a flexible, open layout ideal for a variety of businesses. Amenities include a restroom and ample backroom storage. The space can be delivered as a "vanilla box" or with a substantial tenant improvement allowance, providing flexibility to suit individual business needs. The second floor is currently under conversion into multiple apartments, presenting a unique opportunity for a synergistic business model. This prime location benefits from its proximity to a diverse range of amenities, including numerous restaurants, bars, cafes, hotels, and a robust retail sector. Its strategic position within two miles of the University of Illinois campus ensures a constant flow of students, faculty, and visitors, creating a strong and diverse customer base. The property is managed by a leading Central Illinois commercial property management firm, ensuring seamless operations and professional management. This is a rare opportunity to secure a high-profile space in a thriving downtown area with significant potential for growth and success.

12 Main St, Champaign, Illinois
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Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.1178
Longitude
-88.243
CBSA code
16580
CBSA name
CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,416
$10,370
$28,430
$38,800
-
$31,110
$85,290
$116,400

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