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507 S Broadway Avenue

Urbana, Illinois, 61801, United States

Property ID: #1461060 // Commercial // Source Status: Active
507 S Broadway Avenue
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Traditional Sale
List Price:
$995,000.00
Icon - ft²
Icon 173 acres
Icon - beds
Icon - baths
Address:
507 S Broadway Avenue
City:
Urbana
State:
Illinois
Municipality or Township:
Cunningham
Zip Code:
61801
County:
Champaign
Country:
United States
Property Type:
Commercial
Additional Property Types:
Office
Year Built:
1972
Lot Size:
173 acres
Data Source:
Midwest Real Estate Data
MLS/Reference Number(s):
MRD11936062
Source Status:
Active
Source Property Type:
Commercial, Office

Property Provided By

  • Jonah Weisskopf
  • Weiner Co., Ltd.
  • +1 (217) 369-2150

Connect with local buyer agents who are willing to offer commission savings!

Property Information

The space consists of seven offices, a large reception/lobby area, a record vault, a kitchenette, and separate men' s and women' s three-piece restrooms facilities. The space is accessed via elevator service from the main lobby and two stairwells. Multiple atriums provide natural light throughout the space. Large balcony space off of one office. Ample parking is available on site. Additional on-street parking is available. This property is eligible for TIF incentives from the City of Urbana. The space is located at 507 S. Broadway, Urbana, within easy walking distance of Lincoln Square Mall, the City of Urbana offices, the Champaign County Courthouse, the Federal Courthouse and downtown Urbana. Highway access is readily available via Vine Street/Cunningham Avenue to I-74. Aggressive zoning. Prime B-3 and B-4 zoning. Great location for future developments for a growing downtown Urbana. Owner financing is available with 25% downpayment at 6% with a 5 year Balloon.

Directions

PNC bank building in Urbana; south of Illinois between Race & Vine St.

Source Disclaimer

Midwest Real Estate Data

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Courtesy of Weiner Co., Ltd..
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