608 W Town Center BLVD 608 W Town Center Blvd

608 W Town Center Blvd , Champaign, Illinois, 61822 | 6,024 sq.f | $ 2,150,000

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About This Restaurant

Investment Highlights

Strategically located in the commercial side of town. The vacant acre in the front can be used to build an additional 6000 sq. ft building of your choice. One block west of the new Costco in the Marketplace Mall.

Executive Summary

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.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Freestanding Office Medical Industrial Service Restaurant
  • Building Size    6,024
  • Building Class    B
  • Year Built    1999
  • Price    2,150,000
  • Price Per SF    357
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.07
  • Land Acres    1.95 AC

Nearby Amenities & Transportation

Retail Starbucks
Retail Denny's
Retail McAlister's Deli
Retail LongHorn Steakhouse
Retail Portillo's
Retail Steak ?n Shake
Retail Red Robin
Retail Chili's
Retail Fazoli's
Retail Ruler Foods

Property Taxes

Parcel Number 41-14-36-350-016 Improvements Assessment $210,700 (2022)
Land Assessment $51,280 (2022) Total Assessment $261,980 (2022)
Date Created: 2024-07-16 04:13:39 Last Updated: 2024-07-16 04:13:39
Address: 608 W Town Center Blvd , Champaign, Illinois, 61822