507 S Broadway AVE, Urbana, IL 61801 – 11936062 - Michael Bempah

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Michael Bempah

The Bempah Group

mike@thebempahgroup.com +1(630) 206-9116

$ 995,000

Est. payment | -/mo

5,100 SqFt

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$ 995,000

Est. payment | -/mo

Save

5,100 SqFt

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $195

MLS Listing ID 11936062

Year Built 1972

Annual Tax Amount $19,938

Tax Year 2021

Lot Dimensions 173X116

Property Description

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.

Location

State IL

County Champaign

Area Urbana

Interior

Cooling Central Air, Zoned

Fireplace N

Building

Dwelling Type Office/Tech

Level or Stories 2

Listed by Jonah Weisskopf • Weiner Co., Ltd.

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Michael Bempah

Broker | License ID: 475.175881

mike@thebempahgroup.com

+1(630) 206-9116

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