1204 South Lincoln Avenue, Urbana, IL

$1,200,000

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0.44

Acres

About 1204 South Lincoln Avenue

This building is beautiful and is exploding with charm. Built in 1918, this property was designed as a fraternity house but has so much potential to be used for other purposes. It is zoned R-7 University Residential Zoning District, which permits a boarding or rooming house, dormitory dwelling, community living facility, multiple-unit common-lot-line, church, temple, business mixed-use planned unit development, bed and breakfast (owner occupied), and more! This well maintained 3-story, 65 bed property is perfectly located in an opportunity zone and includes 17,255 SF and features 15 bedrooms on the 2nd floor and 9 on the 3rd floor with dorm style bathrooms. The main floor includes a living room, sun room/courtroom, tv room, dining room, and a commercial kitchen that has the prep ability for 100-300 people. The basement includes a laundry room, and storage. This property is in a prime location near campus with close proximity to shopping and restaurants. Don't miss this opportunity!

Features of 1204 South Lincoln Avenue

MLS® # 11729262
Price $1,200,000
Bathrooms 0.00
Acres 0.44
Year Built 1918
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 1204 South Lincoln Avenue
Area Urbana
City Urbana
County Champaign
State IL
Zip Code 61801

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 435
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGreen Street Realty

Listing Map

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