You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants

1706 State St Champaign, IL 61820-7241

Entity Owned 16-yr Hold Free & Clear
Property ID
US28-0507258
Property summary
AI-generated overview

This exceptional 6,584-square-foot free-standing retail building, constructed in 1998, is ideally situated at 1706 S State Street in Champaign, Illinois, zip code 61820. Currently vacant, this single-tenant property offers significant flexibility for a variety of uses. Its CG zoning allows for adaptation to flex space, office space, storage, or other retail configurations. The building's strategic location between State Street and Neil Street, just half a block south of Kirby Avenue, ensures high visibility and accessibility. Benefit from daily exposure to University of Illinois and Champaign-Savoy residential traffic, further enhanced by prominent Neil Street signage. The property includes a generous 40 parking spaces, a significant advantage in a high-traffic area. The building's adaptable design even allows for the potential addition of an overhead door, perfectly suited for flex space users. For qualified tenants, an attractive incentive of two months of free rent is available upfront. This presents a unique opportunity to secure a well-located, versatile commercial space with substantial parking in a thriving Illinois market. The property is zoned CG.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
APN 452024201048
UPID US28-0507258
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wg Properties LLC · 16 yrs held
Wg Properties LLC
since 2010
5 recorded transactions
2016
Price N/A
2016
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1706 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message