Real Estate Agent Dana Bonnell-Campbell

Dana Bonnell-Campbell REALTOR®

(815) 871-2986
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218 W Main Street, Urbana, IL 61801

$1,095,000
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  • 218 W Main Street, Urbana, IL 61801 Main Photo

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Active
SQUARE FEET7,750 MLS#12491021
STATUSActive PROPERTY TYPECommercial - Investment
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Property Description

FULLY RENOVATED AND FULLY LEASED! This historic downtown Urbana, Illinois Stephen's Building has been fully modernized and redesigned to today's living standards! The first floor offers 2 separate commercial spaces. The larger Westside suite is 2375 Sq. Ft. with an unfinished basement for additional storage space. This suite is currently rented for $2400/mo. The East commercial space is 1500 Sq. Ft. and rented for $1326/mo (discounted has been $2100/mo. Upstairs you will find 4 fully renovated 2 bed/2bath apartments. Each apartment features stainless appliances, hardwood and tile flooring, stacked laundry in each unit. The remodel was able to leave beautiful historic brick walls exposed and other original features. The building features industrial-style exposed HVAC. The residential access to the building is secure. The 4 apartments currently generate over $5869/mo of rental income. The building does not come with parking, however there is a City permit lot directly adjacent.

218 W Main Street | MLS# 12491021

This commercial property located at 218 W Main Street, Urbana, IL 61801 is currently listed for sale with an asking price of $1,095,000. Search Urbana real estate on dana.bhhscrosby.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Central Air
Lot Size: 0.12 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $15,604

Feature Descriptions

Current Use: Commercial
Electric: Separate Meters
Exterior: Brick
Frontage Type: City Street
HVAC: Forced Air, Gas
Lot Dimensions: 48x110X44x116
Miscellaneous Indoor: Inside Corridor/s, Multi-Tenant, Skylight/s
Parcel#: 922117201001
Potential Use: Commercial
Tenant Pays: Air Conditioning, Electricity, Heat, Sewer

Listed By / Shown By

Listed By

Agency Name: Champaign County Realty
Agency Phone: 217-352-1234

Shown By

Agent Name: Dana Bonnell-Campbell
Agent Phone: (815) 871-2986
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

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