Listing Description
Located at the high-visibility corner of Green Street and Third Street, this fully leased commercial property offers a rare chance to own a turn-key investment in the vibrant Campustown district - the retail and dining hub that serves over 60,000 University of Illinois students. 1,300 SF building on a 0.13-acre corner lot; On-site private parking - a rare amenity in this corridor; Fully leased with a 5-year term + one 5-year extension option; Major building upgrades completed in 2020; Zoned: Commercial Central Business District (CBD-3); Additional income from a billboard lease; Excellent visibility and foot traffic on the Green Street corridor; Future development potential in one of Champaign's most in-demand locations; 2024 Property Taxes: $20,010. Whether you're seeking a stable, income-producing asset or a long-term redevelopment play in the core of Campustown, this property checks all the boxes. Contact Guth & Associates for more information.