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118 N Walnut Street
Champaign IL 61820 US

$950,000

Active Listing ID 11913446
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Other

$950,000

Active Listing ID 11913446
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118 N Walnut Street A great investment opportunity in downtown Champaign that you won't want to miss! Discover the epitome of charm and character in this remarkable commercial property boasting a unique atmosphere that marries history and modernity in the first-floor retail space and additional units. This exceptional offering is an extraordinary opportunity for entrepreneurs, investors, and visionaries alike with endless opportunities. Key Features: Distinctive Atmosphere: Step into a world of character and ambiance as you enter this one-of-a-kind establishment. The property showcases 14-foot ceilings that create an expansive and inviting space. The woodwork throughout the building adds an authentic touch to the decor. This property consists of five units that are currently utilized for Airbnb accommodations. It represents a fantastic investment opportunity with substantial income potential. The property's current use as short-term rentals positions it well for generating consistent and lucrative returns. Functional Basement: The property's full basement is partially finished and equipped with essential mechanicals, including a built-in cooler and an office space. This basement area can serve as valuable storage or operational space. This outstanding commercial real estate opportunity offers a unique blend of historical charm, income potential, and strategic location. If you're an experienced entrepreneur looking to expand your portfolio, this property promises an exceptional return on investment.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 950000
  • unparsedaddress: 118 N Walnut Street
  • postalcity: Champaign
  • stateorprovince: IL
  • country: US
  • postalcode: 61820
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 2653
  • livingareaunits: Square Feet
  • listagentfullname: Steve Littlefield
  • listagentemail: steve@littlefieldhomes.com
  • listagentkey: 3yd-MREDIL-951705
  • listagentmlsid: 951705
  • listagentpreferredphone: 2173566100
  • listagentofficephone: 2173566100
  • listofficekey: 3yd-MREDIL-95313
  • listofficemlsid: 95313
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • listingcontractdate: 2023-10-20
  • countyorparish: Champaign
  • parcelnumber: 422012435003
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/MREDIL/11913446/?channel=rexren", "LeadRoutingEmail":"steve@littlefieldhomes.com", "BrokerName":"Keller Williams The Real Estate Center of Illinois, LLC", "ListingTitle":"Business Opportunity - Champaign, IL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"gingercampbell@kw.com", "ListOfficeAddress1":"2441 Village Green Place", "ListOfficeAddress2":null, "ListOfficeCity":"Champaign", "ListOfficePostalCode":"61822", "ListOfficeStateOrProvince":"IL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Keller Williams The Real Estate Center of Illinois, LLC", "ListBrokeragePhone":"(217) 356-6100", "ListBrokerageEmail":"gingercampbell@kw.com", "ListBrokerageWebsiteUrl":null, "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"2441 Village Green Place", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Champaign", "ListBrokerageStateOrProvince":"IL", "ListBrokeragePostalCode":"61822", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2023-12-05T03:00:04Z", "Taxes":[{"TaxYear":"2022", "TaxAnnualAmount":5739.1, "TaxDescription":null}], "Neighborhoods":[{"Name":"Champaign", "Description":null}, {"Name":"Savoy", "Description":null}]}
Listing Changed: 3/26/2024 2:27:12 PM GMT
Source Updated Date: 5/5/2024 6:43:15 AM GMT

Courtesy of: Steve Littlefield, KELLER WILLIAMS-TREC, steve@littlefieldhomes.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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