Property summary
The property is a commercial building with a main-level suite and a separately finished basement suite. Interior features include hardwood floors throughout the space. The upper/main level is currently configured for use as a salon, with accommodation for 5 chairs and 2–3 shampoo bowls. The finished lower level contains two private office spaces, a laundry room with a washer and dryer, and a second bathroom. The building is zoned Village Commercial (VC) and is suitable for a range of uses such as salon, retail, professional office, or educational space. The property is located just off I-270 along Urbana’s main thoroughfare, and sits on a 0.04-acre lot.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon
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Clothing & Fashion Store
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Medical Clinic Skin Care Clinic
Location
Value estimations
Owner & transaction history
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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