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$2,675,000

  • Sold
  • Closed
  • Commercial
  • 28,950 Sq. Ft.
See This Home
Save This Home
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Brand new construction self storage complex in Urbana IL with 314 storage units. The complex features a fully automated security system with cameras, asphalt paved surface with low maintenance metal buildings, fence and automated gate at the entrance. Prime location situated adjacent to residential neighborhoods, apartment complexes and 2 miles to University of Illinois campus. The complex has four non climate controlled buildings with 10x10 and 5x10 units and one climate controlled building with 10x10 and 5x10 units.

Full Property Details for 1601 E Colorado Ave

General

  • Sold For: $2,675,000
  • Taxes: $189 (2023)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12318373
  • Added to Site: 341 day(s) ago

Location

  • Area: Urbana
  • County: Champaign
  • Driving Directions: From Philo and Windsor, North to Colorado, East to property
  • Location Details: Central Illinois

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Structural Information

  • Drive-In Doors: 99
  • # Loading Docks: 1
  • Stories/Levels: 1
  • Square Feet: 28,950
  • Year Built: 2025

Lot Features

  • Lot Size (Acres): 2.7
  • Lot Size (Sq. Ft.): 117,412
  • Lot Dimensions: 394 x 298
  • Frontage: City Street
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Operating Expenses: $85,455
  • Assessment Year: 2025
  • Tax Amount: $189.34
  • Tax Year: 2023

Disclosures and Reports

  • Property ID: 932121200043

Listed and Sold by Keller Williams-Trec

Listing agent

— 1601 E Colorado Ave —

  • Keller Williams-Trec

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1601 E Colorado Ave

School District:Urbana School District 116
NameGradesDistance
Thomas Paine Elementary School
1801 James Cherry Drive, Urbana, IL 61802
K-50.3 mi
Urbana Middle School
1201 South Vine Street, Urbana, IL 61801
6-81.2 mi
Urbana High School
1002 South Race Street, Urbana, IL 61801
9-121.2 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 1601 E Colorado Ave

Date
Details
Price
Change
Source
7/21/2025
Sold
$2,675,000
-6.14%
MLS
5/06/2025
Price Reduced
$2,850,000
-4.97%
MLS
3/21/2025
Listed
$2,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Keller Williams-Trec

1601 E Colorado Avenue, Urbana, IL 61802 (MLS# 12318373) is a Commercial property that was sold at $2,675,000 on July 21, 2025. Want to learn more about 1601 E Colorado Avenue? Do you have questions about finding other Commercial real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.