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608 W Town Center Boulevard, Champaign, IL 61822
$2,150,000
608 W Town Center Boulevard, Champaign, IL 61822View this property at 608 W Town Center Boulevard, Champaign, IL 61822
608 W Town Center BoulevardChampaignIL61822
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Property Description
Great income producing property strategically located in the commercial side of town. On a major corridor connecting North Prospect shopping center and Marketplace Mall. One block west of the new Costco in the Mall. Almost two acres of land and 5800 sq. ft of well-built restaurant that is leased for 5 years renewable for two more terms of 5 years each. Gross rent of $7500/month. The vacant acre can be used to build an additional 6000 sq. ft building of your choice. The price for all is $2,150,000. The price for the vacant acre only is $1,100,000.
Full Property Details
Full Property Details for 608 W Town Center Blvd
General
- Price: $2,150,000
- Taxes: $24,091 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11784961
- Updated: 3/29/2024
- Added to Site: 195 day(s) ago
Interior
- Interior Features: Accessible Entrance
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 51 to 100 Spaces
Location
- Area: Champaign, Savoy
- County: Champaign
- Township: Champaign
- Driving Directions: North on Neil St., west on Town Center Blvd.
- Location Details: Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Construction: Other
- Exterior Const.: Aluminum Siding, EIFS (e.g. Dryvit).
- Stories/Levels: 1
- Square Feet: 5,800
- Year Built: 1999
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 85,000
- Lot Dimensions: 357 x 270 x 274 x 282
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1999
- Tax Amount: $24,091
- Tax Year: 2022
Disclosures and Reports
- Property ID: 411436350016
Listed by Coldwell Banker R.E. Group
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Schools
Schools serving 608 W Town Center Blvd
School District:Champaign Community Unit School District 4
Rating | Name | Grades | Distance |
---|---|---|---|
610 W University Ave, Champaign, IL 61820 | 9-12 | 1.8 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 608 W Town Center Blvd
Date
Details
Price
Change
Source
10/16/2023
Listed
$2,150,000
230.77%
MLS
7/11/2014
Sold
$650,000
—
Public Record
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 608 W Town Center Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$24,091
9%
$261,980
8%
2021
$22,181
—
$242,300
—
2020
$22,215
3%
$242,300
2%
2019
$21,501
2%
$237,310
2%
2018
$21,018
—
$233,570
—
2017
$21,105
12%
$233,570
2%
2016
$18,923
-1%
$228,770
2%
2015
$19,068
1%
$224,730
—
2014
$18,905
1%
$224,730
—
2013
$18,735
2%
$224,730
-2%
2012
$18,384
—
$229,320
—
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 608 W Town Center Blvd
608 W Town Center Boulevard, Champaign, IL 61822 (MLS# 11784961) is a Commercial property. 608 W Town Center Boulevard is currently listed for $2,150,000 and was received on October 16, 2023. Want to learn more about 608 W Town Center Boulevard? 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.