111 N Walnut Street Champaign, IL $ 550,000
111 N Walnut Street
$ 550,000
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111 N Walnut Street

Champaign, IL, 61820
$ 550,000
Baths0.0 Sq 3,200

Monthly Estimate*

$ 3,655

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Studio

Commercial Property for sale in Champaign, IL

for $550,000. This 3,200 square foot building was built in 1915 on a lot size of 0.073462.

Offering 111 - 113 N Walnut in the heart of Downtown Champaign. This one story building was constructed in approximately 1915 with brick exterior and expansive store front windows. The building is 3200 square feet and comprised of two, 1600 SF spaces that can be used as one unit or two units. Space currently has a month to month lease in 1600 SF space. Building has previously been used for an upscale restaurant. Property is in the heart of Downtown and situated among restaurants, nightlife and employment centers. Property would allow for some outdoor seating. Interior has amazing hardwood floors, tin ceilings, existing exhaust hood, walk in cooler, walk in freezer, multiple kitchen sinks and two restrooms.

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Commercial Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,929

Style

Lot Size

0.073462

Year Built

1915

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

11817822

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1915
Electric Service - 101 to 200 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Sewer
Stories 1
Township Champaign
Property SubType Neighborhood Storefront
Tax Year 2022
County Champaign
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions Located midblock on Walnut just north of Taylor Street.
City Champaign
MLS Area Champaign Savoy
Lot Size Square Feet 3200
Street Name Walnut
Tax Annual Amount 5929
Additional Parcels Y/N N
Leasable Area 3200
Days on Market 175
Standard Status Active
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Exterior
Building Area Total 3200
Lot Dimensions 40X80
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Interior
Street Suffix Street
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* Excluded Features
List By
Guth & Associates,Llc

Broker

jill.guth@outlook.com

Email

Affordability Calculator

$4,150
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,655
Monthly Property Taxes
$494
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/13/2023$550,000 -15.25% Price Down
9/25/2023$649,000 -3.85% Price Down
6/27/2023$675,000 Listed Price

Map


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111 N Walnut Street, Champaign, IL, 61820 is a Commercial Property for sale at $550,000 with 3,200 sqft and a lot size of 0.073462. 111 N Walnut Street is a studio with 0.0 baths and was built in 1915. The property's zip code is 61820 which is in Champaign, IL