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606 W Ohio St
Urbana IL 61801 US

$827,640

Active
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10,000 sqft
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Built in 1935
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Lot: 14,866.00 acre
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Other

$827,640

Active
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606 W Ohio St Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale the Omega Delta fraternity house on the University of Illinois at Urbana-Champaign campus (“the Property”). This beautiful chapter house was built in 1935 and has a rich history of housing Greek organizations on campus. Originally built by Theta Upsilon sorority in 1935, it later housed Alpha Chi Sigma for 70 years and was leased to Omega Delta beginning in the Fall 2020 semester. The chapter house is located on Ohio Street on the east side of campus and was built in the Gothic Revival architectural style and features steeply pitched cross gable roofs, Tudor doorways, and a hexagonal bay main entrance. The +/- 10, 000 SF three-story house with basement features sits on +/- 14, 866 SF lot and has 25 bedrooms with capacity for up to 50 beds, a commercial-grade kitchen, dining hall, expansive front yard and elevated side porch, and a sizable surface parking lot. The Property offers an investor or Greek organization the opportunity to acquire an income producing asset leased by a national fraternity through July 2022 and has a long history of occupancy. Numerous improvements have been made to the Property including the installation of a whole-house fire suppression system and external staircase to meet fire and life safety requirements, two new boilers in 2011, new water heater in 2017, new commercial fryer and dual range oven in 2016, new freezer in 2017, new commercial fridge compressor in 2018, and the interior was repainted and the hardwood floors were resealed in 2019.

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Property Features

  • Facts
  • Built in: 1935
  • Lot Size: 14,866.00 acre
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Roof Type: Unknown
Listing Changed: 9/28/2021 10:21:57 PM GMT
Source Updated Date: 12/6/2021 6:30:03 AM GMT

Courtesy of: Joshua Markiewicz, Coldwell Banker Commercial Devonshire Realty

Listing Source - ListHub

Copyright © 2021 Coldwell Banker. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.