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National Council of Teachers of English

Listing was updated on: 10/14/2019
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Property Overview

Price/Rent PSF $ 2,475,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 42,042
Date Available 10/14/2019
Additional URL Link
Floors 1
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Description

Location
The subject is situated between N. Lincoln Ave and West Kenyon Rd. in Urbana. The property is in a mixed-use neighborhood in northwest Urbana. North of Bradley Ave. and south of Interstate 74. The neighborhood is approximately two miles northwest of Downtown Urbana and one mile north of the University of Illinois Campus. Uses in the neighborhood are commercial, including two service station/convenience stores, restaurants, motorcycle dealership and hotel facilities. The neighborhood also had several office/warehouse facilities, along the east side of Lincoln and Linview Avenues.

Urbana & Champaign are twin cities in Champaign County and is located in the heart of East Central Illinois. Champaign-Urbana is a Big Ten community and growing tech center. C-U connects with Interstates 57, 72, and 74. C-U is home to the University of Illinois, Parkland College, and two major regional hospitals (Carle Foundation and OSF Medical Center). Champaign County is a leader in education, health care, government, technology, industry and agriculture. Chicago is approx. 2 hours north, Indianapolis is approx. 2 hours east and St.Louis is approx. 2 1/2 hours south.

Sale
The site is 9.46 acres. The one-story masonry building is 42,042 SF, with measurements of 472.15 X 876.48 x 468.55 X 846.80. The building constructed in 1965 and remodeled in 1990 for NCTE (National Council of Teachers of English) Kenyon Rd is a two-lane, two-way asphalt covered street with concrete curbs, glutters, and sidewalks.

The average daily traffic count near the subject property along Interstate 74 is approximately 63,100 vehicles. The site has asphalt parking areas with spaces for 13-vehicles in front, along with 93-spaces in back. There is parking for visitors and guests in the north side of the building, with the south section designated for employee parking, along with shipping and receiving.

Brief Legal: 9.46-acres located in Section 6, Township 19 North, Range 9 East, situated in Champaign County, Illinois.
Real Estate Taxes: $0.00

Location

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