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308 S Market St 19,008 SF Retail Building Champaign, IL 61820 $1,450,000 ($76.28/SF)
Investment Highlights
- High traffic location near the University of Illinois.
Executive Summary
Located at the intersection of Market Street and Springfield Avenue, steps from the University of Illinois Urbana-Champaign, this 19,008 SF property offers a prime opportunity for redevelopment or retail use. Surrounded by campus life, downtown energy, and strong neighborhood demand, the site offers excellent visibility and connectivity in one of Champaign’s most active corridors. Special Incentives (If Signed By: 4/31/26).
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Service Station
Building Size
19,008 SF
Building Class
C
Year Built
1960
Price
$1,450,000
Price Per SF
$76.28
Tenancy
Single
Building Height
1 Story
Building FAR
0.84
Lot Size
0.52 AC
Zoning
Commercial
Parking
30 Spaces (1.58 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $43,030 | |
| Land Assessment | $35,600 | Total Assessment | $78,630 |
Property Taxes
Parcel Numbers
Land Assessment
$35,600
Improvements Assessment
$43,030
Total Assessment
$78,630
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308 S Market St
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