1502 Prospect AveChampaign, IL 61820

  • Other commercial real estate
For Lease

Property Details for 1502 Prospect Ave

Property type
Other commercial real estate
APN
412001351029
APU
412001351029

Description

This exceptional 2,600 square foot freestanding commercial building is ideally situated at 1502 North Prospect Avenue in Champaign, Illinois, within Champaign County. The property boasts a single-tenant occupancy, offering a blank canvas for a variety of retail or restaurant concepts. The entire 2,600 square feet is currently vacant, presenting a unique opportunity for immediate occupancy and customization. The generous 0.48-acre lot provides ample space for parking and potential outdoor seating or signage, enhancing visibility and accessibility for customers. Located in the vibrant city of Champaign, this property benefits from high traffic volume and excellent exposure, making it an attractive location for businesses seeking a strong presence in a thriving market. The property's classification as both retail and restaurant suitable makes it versatile and adaptable to a wide range of commercial uses. The building's single-tenant configuration simplifies management and provides a cohesive brand identity. The zip code is 61820. This is a rare opportunity to secure a prominent commercial space in a desirable location. The property's size and location offer significant potential for growth and profitability. Serious inquiries are encouraged.

1502 Prospect Ave, Champaign, Illinois
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Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.1311
Longitude
-88.2576
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
$19,236
$80,080
$133,230
$213,310
-
$240,240
$399,690
$639,930

FAQs

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