Property for Sale: 507 S Broadway, Urbana, IL 61801
$995,000
$995,000
507 S Broadway,
Urbana, IL 61801
$995,000
Price:
$995,000
Est. payment: Skip to Mortgage Calculator
Type Commercial
Year Built 1972
City Urbana
County Champaign
MLS 11936062
Status Active
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.
Lot & Building Features
Cooling Central Air, Zoned
Tax Year 2021
Lot Dimensions 173X116 ft
Price History of 507 Broadway, Urbana, IL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $995,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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507 Broadway (MLS #11936062) is a commercial listing located in Urbana, IL. This property was listed on 11/28/2023 and has been priced for sale at $995,000.
Nearby zip codes are 61802, 61820, 61821, 61822 and 61853. This property neighbors other cities such as Champaign, Mahomet and Savoy.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Weiner Co., Ltd. |