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1766 County Road 1850, Urbana, IL 61802
$3,500,000
1766 County Road 1850, Urbana, IL 61802View this property at 1766 County Road 1850, Urbana, IL 61802
1766 County Road 1850UrbanaIL61802
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Property Description
This is an excellent business opportunity with the ability to fund the purchase of an amazing piece of real estate! The financials work for this unique investment opportunity. Willow Creek Farm is a farm-to-table venue providing a one-of-a-kind experience for weddings, retreats, and special events of all occasions. This stunning estate rests on 37 acres of Central Illinois farmland approx 120 miles South of Chicago and just minutes from Champaign/Urbana and the University of Illinois. The 11,000+ SF residence overlooks a 3-acre pond (fully stocked with Bass, Catfish, and Bluegill) and can accommodate everything from Bridal Parties to Corporate Retreats. The 12,000SF event space is fully air-conditioned/heated and features a large and small event space (which can be easily combined for larger events), a commercial-grade kitchen, an outdoor entertainment area, multiple bar serving areas, and a 96x20 workshop/storage space. There are 18 tillable acres, multiple pastures and horse stalls, chicken coops, and a greenhouse. More details are available to qualified buyers.
Full Property Details
Full Property Details for 1766 County Rd 1850
General
- Price: $3,500,000
- Taxes: $37,971 (2022)
- Status: Active
- Type: Business
- MLS ID: 11980466
- Updated: 2/19/2024
- Added to Site: 78 day(s) ago
Business
- Name: WILLOW CREEK FARM
- Business Type: Other
- Years in Business: 4 to 6 Yea
- Seating Capacity: 100 or More
Parking
- Parking Features: 19 to 30 Spaces
Location
- Area: Urbana
- County: Champaign
- Driving Directions: From Rt 45, East on Oaks Road to property.
- Location Details: Not in City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 1
- Square Feet: 12,000
- Current Bldg. Use: Special Use
Lot Features
- Lot Size (Sq. Ft.): 1,611,720
- Lot Size Range: 25.0 to 99.99 Acres
- Lot Dimensions: 965.51 x 1328.19 x 1327.15 x 966.03 x 361.5 x 361.5
- Potential Use: Estate, Legal Non-Conforming, Recreational, Residential, Special Use
- Zoning: OTHER
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $37,971
- Tax Year: 2022
Disclosures and Reports
- Ownership: Corporation
- Property ID: 251536200009
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Schools
Schools serving 1766 County Rd 1850
School District:Urbana School District 116
Rating | Name | Grades | Distance |
---|---|---|---|
1801 James Cherry Dr, Urbana, IL 61802 | K-5 | 4.6 mi | |
1201 S Vine St, Urbana, IL 61801 | 6-8 | 5 mi | |
1002 S Race St, Urbana, IL 61801 | 9-12 | 5.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1766 County Rd 1850
Date
Details
Price
Change
Source
2/13/2024
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1766 County Rd 1850
Year
Property Taxes
Change
Tax Assessment
Change
2021
$36,277
-4%
$450,680
-4%
2022
$37,972
8%
$470,780
8%
2020
$35,221
5%
$437,680
3%
2019
$33,457
3%
$426,180
2%
2018
$32,600
—
$418,470
4%
2017
$32,621
3%
$400,980
2%
2016
$31,669
2%
$391,390
3%
2015
$31,030
2%
$378,830
—
2014
$30,445
—
$378,630
—
2013
$30,390
11%
$377,910
-1%
2012
$27,483
—
$383,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1766 County Rd 1850
1766 County Road 1850, Urbana, IL 61802 (MLS# 11980466) is a Business property. 1766 County Road 1850 is currently listed for $3,500,000 and was received on February 13, 2024. Want to learn more about 1766 County Road 1850? Do you have questions about finding other Business real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.