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1011 and 1101 Bradley Ave 11.56 Acres of Commercial Land Offered at $6,042,643 in Urbana, IL 61801

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Investment Highlights

Close to Interstate
Potential Grants Available

Build Ready

Executive Summary

Land for sale in Urbana, Illinois. These parcels have been filled, mechanically compacted and brought up to grade. These two lots are in "build ready" status with easy access to Interstate 74. The 1011 W. Bradley site is in a “food desert” and in reference to the Governor’s Grocery Initiative, this land may be eligibile for grants for a grocery store location. Friendly local economic development group open to answering any questions. Local government already counseled on potential development of this site and is ready to support this inititive.

Property Facts

Price	$6,042,643	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Mixed Use
No. Lots	1	Total Lot Size	11.56 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R2

Price	$6,042,643
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Mixed Use
Total Lot Size	11.56 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R2

1 Lot Available

Lot

Price	$6,042,643	Lot Size	11.56 AC
Price Per AC	$522,719.98

Price	$6,042,643
Price Per AC	$522,719.98
Lot Size	11.56 AC

Located on Bradley Ave between N Goodwin and N Lincoln avenues. Close proximity to interstate 74. Two Lots - PIN 91-21-07-226-007 and 91-21-07-226-001

1 1

Fairly walkable

50/100

Exceptionally drivable

100/100

Limited public transit

30/100

Moderately bikeable

70/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 91-21-07-226-007 91-21-07-226-001	Improvements Assessment	$11,850
Land Assessment	$292,480	Total Assessment	$304,330

Property Taxes

Parcel Numbers

Multiple

91-21-07-226-007
91-21-07-226-001

Land Assessment

$292,480

Improvements Assessment

$11,850

Total Assessment

$304,330

(217) 722-3584

Contact

Jill Spratt
SVN | Core 3

Listing ID: 32125392
Date on Market: 6/13/2024
Last Updated:
Address: 1011 and 1101 Bradley Ave, Urbana, IL 61801

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1011 and 1101 Bradley Ave

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