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About the Listing 95017 - 952477
Right in the heart of downtown Urbana. 2 story brick building with a first floor restaurant. 2nd floor is currently unfinished. Adjacent building to the South is being developed into a live music opening probably early Fall 2026. Current 1st floor rents are 3500 per month, Tenants pay utilities and all repairs up to 10,000. Low tax assessment. Urbana is on the rise with multiple new businesses opening in the past two years. Perfect for an owner operator or a 'value add' investor who wanted to convert the 2nd floor into a lost.
Listing Highlights for 114 South Race
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air
- Heating: Central Bldg Heat
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 23*115.5
- Zoning: RTAIL
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $7,795
- Taxes w/Assessments: N/A
- Tax/Property ID: 922117206023
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
114 South Race Urbana, IL 61801
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