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$675,000
$745,000

Sold 1 year ago

204 W University Ave, Urbana, IL

Real Estate

Sold

Listed price in listed location currency (USD).
$675,000
$745,000

Sold 1 year ago

00-0
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $24,619
Approx. Age 1970
MLS® Number 11937833

Property Address: 204 W University Ave, Urbana, Illinois

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number11937833
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1970
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CCentral Air
Heating Fuel

Extras

204 W University Ave, Urbana, IL

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