• Broker Jill Spratt 2177223584

1011 and 1101 Bradley Ave

11.56 Acres of Commercial Land Offered at $6,042,643 in Urbana, IL 61801

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INVESTMENT HIGHLIGHTS

  • Close to Interstate
  • Potential Grants Available
  • Build Ready

EXECUTIVE SUMMARY

Land for sale in Urbana, Illinois. These parcels have been filled, mechanically compacted and brought up to grade. These two lots are in "build ready" status with easy access to Interstate 74. The 1011 W. Bradley site is in a “food desert” and in reference to the Governor’s Grocery Initiative, this land may be eligibile for grants for a grocery store location. Friendly local economic development group open to answering any questions. Local government already counseled on potential development of this site and is ready to support this inititive.

PROPERTY FACTS

Price $6,042,643
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
Total Lot Size 11.56 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Price $6,042,643
Price Per AC $522,719.98
Lot Size 11.56 AC

Located on Bradley Ave between N Goodwin and N Lincoln avenues. Close proximity to interstate 74. Two Lots - PIN 91-21-07-226-007 and 91-21-07-226-001

TRANSPORTATION

COMMUTER RAIL
Raleigh Union Station
23 min drive 16.3 mi
Selma
Amtrak
 28 min drive 19.2 mi
Cary Station
33 min drive 24.7 mi
Durham Amtrak Station
Amtrak
 52 min drive 41.5 mi

airplane iconAIRPORT
Raleigh-Durham International
41 min drive 30.3 mi

PROPERTY TAXES

Parcel Numbers 91-21-07-226-007, 91-21-07-226-001 Improvements Assessment $10,220
Land Assessment $252,240 Total Assessment $262,460

ZONING

Zoning Code R2

Map of 1011 and 1101 Bradley Ave Urbana, IL 61801

ADDITIONAL PHOTOS

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