1101 N Prospect Ave, Champaign, IL 61820
For Sale
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This exceptional 0.44-acre commercial land parcel, located at 1101 N. Prospect Ave. in Champaign, Illinois (APN 412011230020), presents a compelling investment opportunity. Priced at $500,000, the property boasts a prime location just minutes from Interstate 74, offering unparalleled accessibility and visibility. The site currently features a 3,014 square foot building and an additional structure, previously used as a car wash. Ample parking is available, enhancing the property's appeal for a variety of commercial uses. The corner location at Prospect and Bradley Avenues ensures high traffic exposure. While the property offers significant potential, prospective buyers are encouraged to inquire about any existing site restrictions. This is an ideal opportunity to capitalize on the strong commercial activity in this thriving Champaign, Illinois location. The property's size and strategic positioning make it suitable for a range of commercial developments. Serious inquiries are welcome.
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Cardtronics ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.