1511 Triumph DrUrbana, IL 61802

  • Warehouses
  • 3,072 SF
For Sale
$330,000 View listing

Property Details for 1511 Triumph Dr

Property size (Sq ft)
3,072 SF
Property type
Warehouses
APN
251533402010
APU
251533402010

Description

This exceptional commercial property at 1511 Triumph Drive, Urbana, IL, presents a unique investment opportunity. Situated on a highly visible corner lot spanning 0.7 acres, the property boasts a prime location facing Route 45, just north of Frasca Field. The main structure is a modular office building, offering three individual offices, two bathrooms, a spacious inventory room, and a convenient kitchen. This building provides ample space for administrative functions and storage. Additionally, a substantial 40x60 foot insulated steel building is included, featuring a 14-foot overhead door with remote access and two radiant heater units ensuring efficient and comfortable workspace heating. A two-car garage with an overhead door offers further storage and workspace options. The property's versatility makes it suitable for a variety of commercial uses. The current owner operates a mobile home service business from this location. This business, including hundreds of established clients, all HVAC equipment, trucks, repair inventory, and other assets, is available for an additional $100,000. A detailed list of business assets is available in the supplemental documents. This property offers a rare combination of prime location, versatile buildings, and potential for immediate income generation. The total square footage of the buildings is 6,000 square feet. This is an excellent opportunity for an investor or business owner seeking a well-established location with significant growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,130,025
    Hospitality
    $1,035,097
    Educational
    $861,189
    Medical
    $890,806
    Retail
    $1,339,627

Location Insight

City
Urbana
County
Champaign
State
Illinois
Latitude
40.1481
Longitude
-88.1877
CBSA code
16580
CBSA name
CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,773
$6,000
$28,100
$34,100
-
$18,000
$84,300
$102,300

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].