Take advantage of seller financing for qualified buyers and secure this exceptional 3,075-square-foot property in a thriving business area of Champaign. Previously functioning as a turnkey restaurant, this property can offer steady rental income and is well-suited for a variety of business ventures. The building is situated on a half-acre lot with a spacious parking lot that accommodates 55+ vehicles, just two blocks west of a newly established Starbucks, ensuring excellent visibility and foot traffic in a highly sought-after location. In addition to its prime location and income-generating potential, the property can benefit from a number of state and local programs designed to support small businesses, making it an even more attractive option for prospective buyers. This property represents a compelling investment opportunity, combining a high-demand location, steady income generation, and future growth potential. Whether you're seeking a turnkey operation or a high-potential asset to start or expand your business, this listing provides the perfect blend of quality and profitability. To be sold AS-IS, don't miss out-schedule your showing today!
Heated storage warehouse with multiple office spaces, bathroom, and reception room. You'll find an abundance of additional storage with 763 sqft above the office space. The Warehouse storage area connects to the office spaces and has a 12' overhead door and 14' ceilings. The office space features tile flooring and is climate controlled with a forced air furnace and central AC, and the warehouse area is heated with a hanging heater. The property is zoned CI for Commercial/Light Industrial useand is great for a small business operator or for the investor looking to lease the property for income. This is a business condo association which includes open parking in the commons parking lot.
Historic Illinois Traction Building in the heart of Downtown Champaign offers high visibility and high traffic count. Built in 1913, the building was designed by architect Joseph Royer in the Contemporary Commercial Style featuring large windows on all sides allowing for natural light and city views! The building originally housed the railway's offices and served as the Champaign interurban station until 1936. It later housed the offices of the Illinois Power Company, which descended from the Illinois Traction System. The building was added to the National Register of Historic Places in 2006. This property is a rare offering for a stand alone building with its perfect blend of retail, residential, and office space plus off street parking. The West side has outdoor paved space currently being utilized for off street parking however with its in-place access to the 1st floor of the building this space could be transformed into outdoor patio and/or dining areas. With the high traffic of University Avenue an outdoor patio/dining space can show off your business and increase customer awareness. Across Market street to the east is the Illinois Terminal hub which is a consolidated terminal hosting a major transfer point for local mass transit service, inter-city bus service, and Amtrak passenger service. This location also provides easy access to the University of Illinois with over 55,000 students. Downtown Champaign offers a variety of sought out restaurants, microbreweries, and pubs plus a vibrant cultural and arts scene. Throughout Downtown you will find mixed use properties and multi-family developments creating a significant residential population that combines with a strong daytime employment creating a strong customer and client base for any business.
Discover the perfect space for your business or a great investment opportunity at 412 S Staley Rd, Champaign. This Warehouse/Office condo is located just off the intersection of Springfield Ave and Staley Rd. The current ratio is 2,400 SF of office space and 800 SF of warehouse with a pass-through door and one 12' overhead door. The office space is move in ready and boasts two bathrooms and a shower. The warehouse space has a floor drain, access to water, the ability to heat and cool and mezzanine space for storage as well. These condos are a coveted find and a prime opportunity for owner-occupied or investor use. Explore the potential of this exceptional property and envision your business thriving in this sought-after location. Furniture in the unit can be sold separately if desired.
Crisp, clean 15,000 square feet of open space. Exceptional lighting. Currently divided into 2 areas with glass windows and doors between. Professional office with Kitchen area and separate bathrooms. Situated on 1.4 acres of land with additional space in the back for growth. Secondary land beside building has possible purchase potential for more parking as you expand. Perfect for small manufacturing, Fulfillment Center, Distribution facility etc. Quiet area with no traffic yet 1 block from major street artery and less than 1 mile to 3 major highways.
Expand your rental portfolio with 617 W Springfield, a fully rented 5-unit building located just minutes from downtown Champaign. Each unit is a one-bedroom with its own kitchen and bathroom. Two units have been recently remodeled, while the remaining three enjoy long-term tenants. Major 2024 updates include full exterior repainting, back porch upgrades, and landscaping improvements, enhancing both curb appeal and longevity. The property features a coin-operated laundry in the basement. Tenants have individually metered electricity, while water, sewer, and natural gas are covered by a monthly utility charge included in the rent. A solid investment opportunity in a prime location!
Exclusively offering 711 - 713 N Market Street in Champaign, IL for sale. Previously, Silver Machine Shop, a family owned, multi-generational business that focused on decorative and commercial welding and fabrication, which closed at the end of 2023.The property includes 1.3 acres on the north side of Downtown Champaign along Market Street. Situated on the property are three buildings with the oldest constructed in 1881 and the newest in 2000. The newer building (713) on the north side of the property contains 9,600 SF and is a pole frame structure with four, 14' overhead doors, 8" floor thickness, 800 amp electrical service, small office, multiple bathrooms and central air conditioning and natural gas space wall heaters.The south building (actually two structures) was built in 1881 with additions 1990 and 1993. The building has 9,700 SF with a floor thickness of 6 inches. The original building is a brick construction with the addition as a pole frame structure. The original building has a second floor (5,158 SF) with original hardwood floors and windows. There is a small office and two bathrooms. The office and warehouse are conditioned, and the building is plumbed for an air compressor system. The property is located within the Champaign Enterprise Zone and nestled among other industrial/construction related properties.
Don't miss your opportunity to own this large 24,748 SF Office/Warehouse in Southwest Champaign! This 2 Story Office Building includes parking with a curved drive for easy access. The East drive provides access to the 17,820 SF warehouse portion of the building which can be divided for multiple tenants. In addition, the warehouse can also be accessed from the office portion of the building. The front 4,548 rentable SF office area is for lease, but the back portion is partially leased! This building is well-positioned off Staley Rd with lots of drive by traffic. View it today!
Ten unit multifamily house great for an investor looking to add to their portfolio. There are six studio units on the second floor of the property that utilize shared restrooms and laundry. The first floor has 3 separate 1 bed 1 bath units and 1 studio. This property has an impressive rental history and is currently fully leased through the end of July, 2024, with nine of the ten units rented through 2025. Conveniently located in central Champaign across from West Side Park with easy access to downtown along with the surrounding CU community. This will be sold as a package with the other investment properties.
A very rare opportunity to purchase a small campus restaurant. Sushi Kame, located at 39 E. Green. Established for many years at this location and downtown. Primarily a carryout location but seating of 12-15 is available. Inexpensive rent at $1,841 with all inventory of equipment staying with the business. Use the name or change to fit your needs. Located in a popular retail strip surrounded by campus apartments. Great opportunity! Don't miss out! *This is a leased space. Selling the business only.*
19+ year corporate Panera Bread location in Champaign, IL. Original lease date 8/29/2005. Current expiration date 12/31/2033. Annual rent $204,938.00/year with a 10% rent bump after year 5. Please contact LA for OM.
Great income producing property strategically located in the commercial side of town. On a major corridor connecting North Prospect shopping center and Marketplace Mall. One block west of the new Costco in the Mall. Almost two acres of land and 5800 sq. ft of well-built restaurant that is leased for 5 years renewable for two more terms of 5 years each. Gross rent of $7500/month. The vacant acre can be used to build an additional 6000 sq. ft building of your choice. The price for all is $2,150,000. The price for the vacant acre only is $1,100,000.
Presenting Garden Court, an exceptional 102-unit multi-family property strategically located just 4 miles from the University of Illinois in Champaign-Urbana. The property, nestled with trees and foliage, offers a mix of 66 spacious two-bedroom, 1.1 bath units and 36 one-bedroom, one bath units. Approximately 50% of the residents are graduate students from the nearby university, giving the property a stable and robust tenant base, indicative of a reliable and consistent rental market. This well-maintained property guarantees easy commuting with swift access to Interstates 74 and 57. It further enhances resident convenience with 145 dedicated parking spaces. Proximity to a variety of shopping outlets and restaurants creates an ideal balance of urban convenience and suburban tranquility, adding significantly to Garden Court's appeal. In summary, Garden Court presents a unique blend of strategic location, diverse accommodations, and a stable tenant base, making it a rare and lucrative investment opportunity. Its closeness to the University of Illinois, ease of transportation, abundant parking, and the array of nearby amenities all contribute to its charm, creating an inviting and sustainable living environment that ensures a solid ROI for potential buyers.
"PRIME CORNER LOCATION IN CHAMPAIGN! This is the ultimate spot for investors-let your imagination run wild as you envision a vibrant downtown project on this highly visible corner. Featuring three restaurant spaces, this versatile property could easily be transformed into office space or other retail uses. Don't miss this incredible opportunity!"
Great location and opportunity. Built for an auto dealership and it housed a very successful business for the last 15 years. Key-in ready opportunity to move in this modern and updated facility. Located in the heart of Champaign business district next to many major brand car dealerships with high traffic and easy highway access. Within few blocks from Market Place Mall and many other major retailers and amenities. Two free standing buildings set on more than 4 acres of prime commercial land. The show room offers 6200 square feet of open reception area with private offices for the managers and many staff cubicles. Private lunch/break room and a customer refreshment center. Separate men and women restrooms. High ceiling, open windows, and plenty of natural lighting. The second building is an auto repair facility with 9000 square feet having 9 bay repair shop, office area, auto part retail room, and more. This second building is now rented for the next 5 years generating $10,000 NNN monthly income. The open parking lot is asphalt paved and can accommodate more than 400 vehicles. 300 ft frontage with a private lake adding more beauty and elegance. All existing office furniture and repair shop equipment are included. This property is for sale or can be leased. The lease is for front office only as the back repair shop is already leased. Call to book your private showing appointment and own or lease this great business opportunity.
4 different parcel numbers: PP#s:432013230001 & 432013230002 & 432013230003 & 432013230004 There is a 6 bedroom house on the property with a new roof. It does not add to the value of the property but does contribute some income which could be as high as $1200 per month or more.
The median home value in Champaign, IL is $215,500. This is higher than the county median home value of $177,400. The national median home value is $338,100. The average price of homes sold in Champaign, IL is $215,500. Approximately 38.5% of Champaign homes are owned, compared to 48.88% rented, while 12.62% are vacant. Champaign real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Champaign real estate agent to arrange a tour today!
Champaign, Illinois has a population of 88,343. Champaign is more family-centric than the surrounding county with 31.77% of the households containing married families with children. The county average for households married with children is 30.63%.
The median household income in Champaign, Illinois is $52,687. The median household income for the surrounding county is $56,939 compared to the national median of $69,021. The median age of people living in Champaign is 26.9 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 40.7 inches per year, with 20.3 inches of snow per year.