803 Nevada St, Urbana, IL 61801-3808

This exceptional 2,700 square foot commercial property, situated on a 0.2-acre lot at 803 W Nevada Street in Urbana, Illinois, presents a unique investment opportunity. Its prime location, just half a block from the University of Illinois on Lincoln Avenue, ensures high demand and consistent rental income. The property's proximity to key campus destinations, including Cafe Paradiso, the Department of Social Work, the Department of Dance, and the Early Childhood Lab, makes it highly attractive to students and faculty. Furthermore, its location just two blocks from Krannert Center for the Performing Arts and three blocks from the Quad enhances its desirability. Currently leased, providing a steady income stream until July, this multi-unit building offers exceptional potential for future growth and profitability. The property's strategic location within the heart of the university campus guarantees a strong tenant base and a high return on investment. This is a rare chance to acquire a well-situated commercial property in a thriving university town, offering both immediate income and long-term appreciation potential. The asking price is $319,900. Serious inquiries are encouraged.