Enterprise Rent A Car 1212 N Prospect Ave 2,460 SF Retail Building Champaign, IL 61820 $1,475,000 ($599.59/SF)
INVESTMENT HIGHLIGHTS
- Property is located on N. Prospect Ave., which is a major exit off of I-74 which brings traffic into the City of Champaign and the Univ of Illinois.
EXECUTIVE SUMMARY
1212 N. Prospect Ave and 815 Dennison Dr. Champaign, IL combine for a total of 2.15 Ac of redevelopment ground. Possession could be given for 815 Dennison Dr. now with Tenants rights on 1212 N. Prospect. This is the largest tract of ground currently available on N. Prospect Ave between Bradley Ave and I-74. This property has easy access to the I-74, I-57, I-72 and the City of Champaign/University of IL, great visibility on a heavily traveled street, and a large footprint to enable your business thrive.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,460 SF
Building Class
C
Year Built
1980
Price
$1,475,000
Price Per SF
$599.59
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.15 AC
Zoning
CG Commercial General - Zoned Commercial General, which allows a wide range of uses. Contact the City of Champaign or Listing Broker for information.
Parking
70 Spaces (28.46 Spaces per 1,000 SF Leased)
Frontage
136’ on Prospect
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $26,300 (2023) | |
| Land Assessment | $179,130 (2023) | Total Assessment | $205,430 (2023) |
