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Property profile & analytics
OFF-MARKET Estimated value $2,850,000
Drive through restaurants

2033 Prospect Ave Champaign, IL 61822-1235

Individually Owned 3-yr Hold Free & Clear
Property ID
US28-0068653
Property summary
AI-generated overview

This exceptional Champaign, IL retail opportunity encompasses two distinct properties: Baytowne Square, a 94,585 square foot inline multi-tenant building, and Baytowne Shoppes, a 23,720 square foot "L"-shaped multi-tenant shopping center. The combined property totals 118,305 square feet, offering a diverse range of spaces ideal for various retail businesses. Currently, there are 5,430 square feet of vacant space available, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 2,430 square feet. The property is zoned C, and enjoys a high-traffic location at 2033 N Prospect Ave, Champaign, IL 61822. The established tenant mix includes recognizable brands such as Staples, Red Wing Shoes, and Buffalo Wild Wings, ensuring a strong and vibrant commercial environment. This presents a unique chance to establish or expand your business within a thriving retail hub, benefiting from the existing synergy and high visibility of this well-positioned property. The property's strategic location and established tenant base make it an attractive investment for businesses seeking a strong foothold in the Champaign market. Serious inquiries are encouraged to explore this exceptional opportunity.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
APN 412002226005
UPID US28-0068653
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
Current use
Occupant on record · Public records
  • Wendy's Restaurant Take-out & Catering
  • Baytowne square Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.85M
Owner & transaction history
All Star Managment · 3 yrs held
All Star Managment
since 2023
Last sale
$2.8M
7 recorded transactions
2023
Price N/A
2023
$2.8M
2022
$1.8M
2017
$1.7M
2017
Price N/A
2007
$237,500
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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