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507 S Broadway Avenue, Urbana, IL 61801

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Listing Type
Commercial/Industrial
Listing Status
active
1
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$970,000

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Home Details for 507 S Broadway Avenue
Price
$970,000
Type
Commercial/Industrial
Year Build
1972
County
Champaign
Tax
$19,938
MLS®️ Listing#
11936062
On exitrealty.com
629 days
Property Description
The space consists of seven offices, a large reception/lobby area, a record vault, a kitchenette, and separate men' s and women' s three-piece restrooms facilities. The space is accessed via elevator service from the main lobby and two stairwells. Multiple atriums provide natural light throughout the space. Large balcony space off of one office. Ample parking is available on site. Additional on-street parking is available. This property is eligible for TIF incentives from the City of Urbana. The space is located at 507 S. Broadway, Urbana, within easy walking distance of Lincoln Square Mall, the City of Urbana offices, the Champaign County Courthouse, the Federal Courthouse and downtown Urbana. Highway access is readily available via Vine Street/Cunningham Avenue to I-74. Aggressive zoning. Prime B-3 and B-4 zoning. Great location for future developments for a growing downtown Urbana. Owner financing is available with 25% downpayment at 6% with a 5 year Balloon.
Property Features
Listing Courtesy: Weiner Co., Ltd. - 217-384-8001
mls_icon Based on information submitted to the MLS GRID as of 2025-01-31 08:28:48. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-01-31 08:28:48
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EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Suite 7, Chicago, IL 60643
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$970,000

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EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Suite 7, Chicago, IL 60643
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