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    Property profile & analytics
    OFF-MARKET Estimated value $2,800,000
    Drive through restaurants

    2033 Prospect Ave, Champaign, IL 61822-1235

    Individually Owned 2-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
    $2.80M
    Owner & transaction history
    All Star Managment · 2 yrs held
    All Star Managment
    since 2023
    Last sale
    $2.8M
    7 recorded transactions
    2023
    2023
    $2.8M
    2022
    $1.8M
    2017
    $1.7M
    2017
    2007
    $237,500
    2004
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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