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501 E University Avenue, Urbana, IL 61802
$695,000 Contingent
501 E University Avenue, Urbana, IL 61802View this property at 501 E University Avenue, Urbana, IL 61802
501 E University AvenueUrbanaIL61802
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Property Description
This fully functioning car wash is located right on University Avenue/Route 150 just to the east of the popular Five Points Center and Carle Hospital making it a high traffic area. This building offers over 4,000 square feet, including 2 car wash stations, 5 additional bays, an office area, a waiting area for customers, and a water equipment room. This is a great investment opportunity you won't want to miss! Give us a call to schedule a showing!
Full Property Details
Full Property Details for 501 E University Ave
General
- Price: $695,000
- Taxes: $13,736 (2021)
- Status: Contingent
- Type: Business
- MLS ID: 11750711
- Updated: 1/31/2024
- Added to Site: 394 day(s) ago
Business
- Name: SPLASH EXPRESS CAR WASH
- Business Type: Auto Service, Service/Miscellaneous
- Years in Business: 4 to 6 Yea
Location
- Area: Urbana
- County: Champaign
- Driving Directions: Located on east University Avenue or US 150.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Gas
Structural Information
- Stories/Levels: 1
- Square Feet: 4,500
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 30,000
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 200 x 150
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $13,736.5
- Tax Year: 2021
Disclosures and Reports
- Property ID: 912108480016
Listed by Keller Williams-Trec
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Schools
Schools serving 501 E University Ave
School District:Urbana School District 116
Rating | Name | Grades | Distance |
---|---|---|---|
Wiley Elementary School
1602 S Anderson St, Urbana, IL 61801 | K-5 | 1.1 mi | |
1201 S Vine St, Urbana, IL 61801 | 6-8 | 0.9 mi | |
1002 S Race St, Urbana, IL 61801 | 9-12 | 0.9 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 501 E University Ave
Date
Details
Price
Change
Source
10/09/2023
Price Reduced
$695,000
-7.33%
MLS
7/24/2023
Price Reduced
$750,000
150%
MLS
6/12/2023
Sold
$300,000
-64.71%
Public Record
4/03/2023
Listed
$850,000
—
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 501 E University Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$14,444
8%
$133,440
7%
2021
$13,425
3%
$124,360
3%
2020
$12,988
-15%
$120,740
-17%
2019
$15,260
20%
$146,030
18%
2018
$12,766
5%
$123,570
8%
2017
$12,177
1%
$113,940
—
2016
$12,110
-1%
$113,940
—
2015
$12,244
1%
$113,940
—
2014
$12,079
1%
$113,940
—
2013
$11,920
12%
$113,940
—
2012
$10,677
—
$113,940
—
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 501 E University Ave
501 E University Avenue, Urbana, IL 61802 (MLS# 11750711) is a Business property. 501 E University Avenue is currently listed for $695,000 and was received on April 03, 2023. Want to learn more about 501 E University Avenue? 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.