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103 W Marketview Dr
Champaign, IL 61820
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The property is a freestanding retail/restaurant building of approximately 7,593 sq ft situated on about 2.11 acres.
- Zoning and layout provide flexibility: although built out as casual dining, the space could transition to other retail uses.
- It was originally built in 1984 and underwent major renovations in 2012 — offering updated amenities and infrastructure.
EXECUTIVE SUMMARY
Colliers Net Lease Investment Group is pleased to present an exceptional real estate investment opportunity - a standalone property formerly housing a restaurant tenant. This vacant property is strategically located at 103 Marketview Dr. Champaign, IL, and was renovated in 2012. It forms an integral part of a thriving development that encompasses numerous residential apartments, Market Place Shopping Center, multiple hotels, and numerous office buildings. Positioned strategically along the bustling US Hwy 74, just
Southeast of the I-74 interchange and Route 57 interchange, this property offers unparalleled accessibility, facilitating seamless north-south connections throughout the college town. The vacant property allows for numerous different possibilities for reuse or redevelopment. This outstanding investment opportunity is unpriced.
Southeast of the I-74 interchange and Route 57 interchange, this property offers unparalleled accessibility, facilitating seamless north-south connections throughout the college town. The vacant property allows for numerous different possibilities for reuse or redevelopment. This outstanding investment opportunity is unpriced.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,593 SF
Building Class
B
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.11 AC
Zoning
CG - Commercial General
Parking
160 Spaces (21.07 Spaces per 1,000 SF Leased)
Frontage
289’ on W Marketview
PROPERTY TAXES
| Parcel Number | 41-20-01-202-002 | Improvements Assessment | $339,500 |
| Land Assessment | $212,880 | Total Assessment | $552,380 |
PROPERTY TAXES
Parcel Number
41-20-01-202-002
Land Assessment
$212,880
Improvements Assessment
$339,500
Total Assessment
$552,380
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