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$675,000
4,940
square ft

204 W University Avenue
Urbana, Illinois 61801

Closed / MLS #11937833 / Institutional or Developmental / Urbana
Listing information updated 2/29/2024 at 2:03pm
Offering a 4,940 square foot office/medical building in Urbana, IL for sale. The property includes a private parking lot (accommodating 20 vehicles) and a move in ready building perfect for medical, therapy, counseling or general office uses. Eleven private offices, reception area, breakroom, conference room, and three large rooms which can be used for conference rooms, group therapy, or converted to executive office spaces. Property is located within the Opportunity Zone and an Enterprise Zone and current tenant is vacating in January 2025 although can vacate earlier for an owner-user. Located on the University Avenue corridor (ADT - 16,000 vehicles) the building is highly visible and within close proximity to the Carle Health Systems campus, Downtown Urbana, the University of Illinois campus and is within walking distance to Crystal Lake Park. Just to the east is the Five Points commercial area offering fast casual restaurants and services for employees and customers. Building could also be leased at $14.00/SF/NNN.
Acreage:
0.35
Built:
1970
Cooling System:
Central Air
Stories:
1
Zoning:
COMMR
Rentable Square Feet:
4,940
Building Square Feet:
4,940
Tax Amount:
$24,619
Tax Year:
2022
Zip Code:
61801
City:
Urbana
County:
Champaign

Listing Office: GUTH & ASSOCIATES,LLC

Listing Office Phone: 217.355.2545

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 2/29/2024 at 2:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

$229,052
Average Sale Price
78
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 204 W University Avenue, Urbana, IL 61801
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204 W University Avenue, Urbana, IL 61801 is a institutional or developmental which sold for $675,000. This institutional or developmental has been listed on @properties Christie's International Real Estate since November 28th, 2023 and was built in 1970.

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