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$400,000
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Property Description
Are you searching for your next investment opportunity? Or have you ever wanted to own a bar in downtown Champaign? We have the perfect opportunity for you! The well-known Brass Rail is ready for its new owners. Located right off of University Avenue by the train station and directly across from some of Champaign's favorite restaurants, the location of this building can't be beat. This property offers almost 5,000 square feet total, including 5 apartment units and the bar on the main floor. Give us a call to schedule a private showing!
Full Property Details
Full Property Details for 15 E University Ave
General
- Sold For: $400,000
- Taxes: $5,977 (2021)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11741202
- Added to Site: 1, 037 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Other
Location
- Area: Champaign, Savoy
- County: Champaign
- Driving Directions: Heading south on Neil Street, turn east onto University Avenue, and the property will be located on the south side of the road.
- Location Details: Central Illinois
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Radiators, Steam
Structural Information
- Stories/Levels: 3
- Square Feet: 4,847
- # of Stores: 1
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Sq. Ft.): 1,678
- Lot Dimensions: 32.5 x 79 x 10
- Zoning: COMMR
Financial Considerations
- Lease Price: $1
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Other
- Assessment Year: 1920
- Tax Amount: $5,977.9
- Tax Year: 2021
Disclosures and Reports
- Property ID: 422012476004
Listed by Keller Williams-Trec
Sold by Keller Williams-Trec
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Schools
Schools serving 15 E University Ave
School District:Champaign Community Unit School District 4
| Name | Grades | Distance |
|---|---|---|
Central High School, Champaign, IL 610 West University Avenue, Champaign, IL 61820 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 E University Ave
Date
Details
Price
Change
Source
7/14/2023
Sold
$826,000
18.85%
MLS
3/20/2023
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15 E University Avenue, Champaign, IL 61820 (MLS# 11741202) is a Commercial property that was sold at $400,000 on July 14, 2023. Want to learn more about 15 E University Avenue? Do you have questions about finding other Commercial real estate for sale in Champaign? You can browse all Champaign real estate or contact a Coldwell Banker agent to request more information.
