Listed by Matanky Realty Group
$650,000
71 East University Ave
Details
APN 42-20-12-490-003
Property Type Mixed Use
Sub Type Development
Square Footage 4,530
Price per SqFt $143
Year Built 1950
Acreage 0.690
Zoning C
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.32
Investment Type Owner/User
Mixed Use | 4,530 SqFt
Marketing description
Prime redevelopment or owner-user opportunity located one block from the University of Illinois Urbana-Champaign. High-visibility site with substantial foot traffic and direct access to the campus and downtown corridor. Surrounded by national retailers including Walgreens, Chase, Subway, Jimmy John’s, OSF Healthcare, and County Market, supporting year-round demand for food, service, housing, and mixed-use concepts. Strong nearby demographics and more than 56,000 students, faculty, and staff drive consistent activity. A compact 4,530 SF building and an attractive price point create a compelling value-add opportunity for developers and users. Call us today before it is gone, to receive a special incentive!
Investment highlights
- Call us today before it is gone, to receive a special incentive!
- Premier University Location, steps from the University of Illinois Urbana-Champaign, with intense daily demand from students, faculty, and staff.
- High Visibility Corridor positioned on University Ave with substantial foot traffic, transit access, and consistent vehicle activity.
- Dense Demographics supported by 146,338 residents and 63,212 households within five miles.
- Established Retail Trade Area surrounded by Walgreens, Chase, Circle K, Subway, Jimmy John’s, OSF Healthcare, and County Market.
- Redevelopment Flexibility is suited for mixed-use, retail, student housing, or adaptive reuse.
- Attractive Basis offered at a competitive price, with potential to add value for users or investors.
- Compact Building Footprint 4,530 SF structure ideal for repositioning or reconfiguration.
Listing Contacts
Listed by Matanky Realty Group
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