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Property profile & analytics

520 Cunningham Ave Urbana, IL 61802

  • Commercial real estate
OFF-MARKET
Last Sale
Oct 04, 2021
$2,126,000
Value Estimations
$2,125,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-5792455
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • OSF OnCall Urgent Care / Medical Clinic

Property Details for 520 Cunningham Ave

Property type
Commercial real estate
APN
912108427010
APU
912108427010

Description

This exceptional 3,264-square-foot Class A commercial property, built in 2019, is available for lease in Urbana, Illinois. Located at 520 N Cunningham Ave, this single-tenant building boasts a prime location within the 5 Points Commerce Centre, just off the corner of Cunningham Avenue and University Avenue. The property features 13 dedicated parking spaces, providing ample convenience for employees and clients. The building's design is highly adaptable, originally constructed as a medical urgent care facility, it includes a welcoming reception area and waiting room, five exam rooms, a breakroom, an x-ray room, a private office, nurses' station, IT room, two restrooms, and a storage and utility room. The building's infrastructure is robust, featuring 3-phase, 600-amp 120/208v service and 10 tons of cooling. Signage opportunities are available on the building facade and a monument sign. The property's zoning is B-3 General Business, offering flexibility for a variety of uses. Its proximity to City Hall, Federal and County Courts, and major employers like the University of Illinois, Carle Foundation Hospital, and OSF Heart of Mary Medical Center makes it an ideal location for businesses seeking high visibility and accessibility. The property's APN is 91-21-08-427-010, located in Champaign County, Illinois, with a zip code of 61802. University Avenue boasts a high average daily traffic count of 16,000 vehicles. The entire 3,264 square feet is currently vacant. Lease terms are negotiable.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,985,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Urbana
County
Champaign
State
Illinois
Longitude
-88.2039
Latitude
40.1174
CBSA code
16580
CBSA name
CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26,896
$128,710
$124,140
$252,850
-
$386,130
$372,420
$758,550
More about this property
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