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Clark St Champaign, IL 61820

Prime Champaign location, multiple spaces available.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional commercial property presents a rare opportunity in the vibrant Champaign, Illinois market. Located at 101-107 E University Avenue & 102-106 E Clark Street, this offering encompasses a combined retail and land parcel zoned CB1 - Central Business Urban Fringe within Champaign County. The property features multiple tenancy options, ideal for a variety of retail businesses seeking high visibility and foot traffic. The total building square footage is 1 square foot, however, the significant land area, ranging from 1.32 to 2.26 acres, provides substantial development potential. This expansive lot offers significant flexibility for expansion or redevelopment, catering to a wide range of commercial ventures. The property's strategic location in Champaign, IL, zip code 61820, places it within easy reach of a dense population base and significant consumer spending. The address boasts excellent street frontage on both East University Avenue and East Clark Street, ensuring high visibility and accessibility for customers. This is a unique opportunity to acquire a versatile commercial property with significant upside potential in a thriving Illinois market. The property is currently available for lease. Interested parties should inquire for detailed lease terms and conditions. Coordinates: 40.116147, -88.238264.

Highlights

  • 1.32-acre lot available on East University Avenue, expandable to 2.26 acres within a Tax Increment Financing (TIF) district.
  • CB1 - Central Business Urban Fringe zoning.
  • Prime location at the corner of East University Avenue and East Clark Street, on the edge of the University of Illinois campus district.
  • Adjacent to Boneyard Creek Park and the vibrant off-campus entertainment district with numerous bars and restaurants.
  • High visibility with 19,900 vehicles per day (VPD) on University Avenue and 5,600 VPD on 1st Street.

Property Details for 0 Clark St

Property type
Retail properties, Land
RSF (Rentable sq. ft)
1 SF

Unit(s) available at that property

Space
Parcel B
Size
0 SF
Space
Parcel A
Size
0 SF

Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.116147
Longitude
-88.238264

FAQs

What type of property is this?
Retail property - Prime Champaign location, multiple spaces available.
Where is the retail property located?
The property is located at Clark St Champaign, IL.
What are key features of this property?
This property features: 1.32-acre lot available on East University Avenue, expandable to 2.26 acres within a Tax Increment Financing (TIF) district.; CB1 - Central Business Urban Fringe zoning.; Prime location at the corner of East University Avenue and East Clark Street, on the edge of the University of Illinois campus district.
How can I contact the broker?
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0 Clark St
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