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  • Price$950,000

118 North Walnut Street, Champaign

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.

Essential Information

  • MLS® #11913446
  • Price$950,000
  • Bathrooms0.00
  • Acres0.00
  • TypeBusiness Opportunity
  • Sub-TypeBus / Bus w/Real Est
  • StatusActive
  • Taxes$5,739

Interior

  • CoolingCentral Air

Listing Details

  • Listing OfficeKeller Williams-trec

Community Information

  • Address118 North Walnut Street
  • AreaChampaign, Savoy
  • CityChampaign
  • CountyChampaign
  • StateIL
  • Zip Code61820

Additional Information

  • Days on Market199
  • ZoningCOMMR

Price Change History for 118 North Walnut Street, Champaign, IL (MLS® #11913446)

Date Details Price Change
Active (from New)
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on May 5th, 2024 at 12:23am CDT.