Urbana, IL 61801,1102 W University AVE
Urbana, IL 61801,1102 W University AVE
Urbana, IL 61801,1102 W University AVE
Urbana, IL 61801,1102 W University AVE
Urbana, IL 61801,1102 W University AVE
Urbana, IL 61801,1102 W University AVE
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Michael Bempah

Michael Bempah

The Bempah Group

+1(630) 206-9116
$ 1,380,000
Est. payment | /mo

2,200 SqFt


Save
$ 1,380,000
Est. payment | /mo
Save

2,200 SqFt

Key Details

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $627

MLS Listing ID 12550545

Annual Tax Amount $27,890

Tax Year 2024

Lot Dimensions 134.62 x 132

Property Sub-Type Bus / Bus w/Real Est

Property Description

Prime commercial opportunity located just one block from the University of Illinois, surrounded by newly developed student housing and continued area growth. Situated along a major thoroughfare with approximately 20,500 Annual Average Daily Traffic, this property offers exceptional visibility and exposure in a high-demand corridor. The former restaurant has closed, but all kitchen equipment and dining room fixtures are included, providing a true turnkey opportunity for a new owner. The space allows flexibility to continue operating under the existing business name or to rebrand with a new concept. Well-suited for a restaurant, cafe, or fast-casual concept, the property offers both drive-through and dine-in capabilities, making it an ideal fit for serving the strong student population and surrounding retail traffic.

Location

State IL

County Champaign

Area Urbana

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Bus / Bus w/Real Est

Structure Type Wood

Midwest Real Estate Data (MRED) IDX
Listed by Jeremy Brandow of  Coldwell Banker R.E. Group 
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Michael Bempah
Michael Bempah

Broker | License ID: 475.175881

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA

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1102 W University AVE