1217 North Prospect Avenue, Champaign

SOLD
Investment Property

28,016 SF Lot
1802 SF building with restaurant build out
Building remodeled 2006

For an outstanding investment package, this location could be combined with 306 S. Gilbert, Danville, IL for a total price of $999,000.00.

Sale
$479,000.00

Tax Information
PIN # - 41-20-02-476-017
2005 Taxes: $7,866.32
EAV: $104,220

Lease Information
Leased:

Current lease through August 2007 at $31,200/YR/NNN + 5% override
September 2007 thru August, 2012 -$33,600/YR/NNN + 5% override

Options:

September 2012 thru August 2017 -$36,000/YR/NNN + 5% override
September 2017 thru August 2022 -$40,800/YR/NNN + 4% override
September 2022 thru August 2027 -$43,200/YR/NNN + 4% override

Contact us for more information

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