502 North Hickory Street

Champaign, IL 61820

$999,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The SeedHouse is a prime Development property in Downtown Champaign consisting of 2 adjoining parcels 502 N. Hickory & 36 E. Washington. Combined lot footprint is 60' x 133'. Zoned for mix use commercial and residential. It would make for an amazing space for any use. This is the last vintage, stand alone property - not adjoining any other structures - in Downtown Champaign. 502 North Hickory St. is a turn of the century two story brick industrial building with a substantial steel sub structure supporting...The SeedHouse is a prime Development property in Downtown Champaign consisting of 2 adjoining parcels 502 N. Hickory & 36 E. Washington. Combined lot footprint is 60' x 133'. Zoned for mix use commercial and residential. It would make for an amazing space for any use. This is the last vintage, stand alone property - not adjoining any other structures - in Downtown Champaign. 502 North Hickory St. is a turn of the century two story brick industrial building with a substantial steel sub structure supporting the second floor of 2 x 12s on 12 in centers. Second floor has been transformed into a loft apartment occupied by the property owners. The brick and ceiling rafters are exposed, the floors consist of clear heart long grain pine. Ceiling height is 11 feet w/ a concrete first floor, two bay doors, and a steel exterior staircase. The SeedHouse building measures 40' x 89' - 3560 sq. ft. per floor for a total of 7120 sq. ft. See Broker remarks for 36 E. Washington Details
  1. Listed by Debby Auble • WARD & ASSOCIATES

Property Details for 502 North Hickory Street

Area
Champaign, Savoy
Township
Champaign
Num Of Parking Spaces
2.0
Zoning
OTHER

Location

Listing Courtesy of WARD & ASSOCIATES
Add your commute
LISTING UPDATED: 04/11/2023 08:41 AM

Property Details for 502 North Hickory Street

StatusActive
MLS #10432284
Days on Market2045
Taxes$2,290 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1910
Lot Size0.18 AC / 7,980 SF
CountyChampaign County

Location

Listing Courtesy of WARD & ASSOCIATES
Add your commute

Building Information for 502 North Hickory Street

Stories-Residences2Year Built1910Lot Size0.18 AC / 7,980 SF

Payment Calculator

$5,643 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$191

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 502 North Hickory Street

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Central Illinois
  • Information: Show-Call Listing Office
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air, Partial
  • Electric: Three Phase
  • Flooring: Concrete, Wood
  • Grid: 52
  • Heat/Ventilation: Hot Water,Operable Windows/Systems Vary-Call List Agt
  • Misc Inside: Heavy Floor Load,Overhead Door/s,Storage Inside
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
  • Misc Outside: Patio
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 60 X 133
  • Lot Size Square Feet: 7980.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Other
  • Building Area Total: 8840
  • # Of Offices: 0
  • Other SqFt: 8840
  • # Of Stores: 1
Property and Assessments
  • Possible Use: Commercial, Condominium, Office and Research, Development, Multi-Family, Retail, Special Use
  • Buyer Financing: Conventional, Cash
  • Docks: Drive-in Doors,Service Entrance
  • Public Document Count: 0
  • Photos Count: 37
Miscellaneous
  • Current Use: Other
  • Location: Central Business District,Mixed Use Area,Public Transport Avail
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Known Encumbrances: First Mortgage
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 502 North Hickory Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 502 North Hickory Street

Taxable ValueLand$13,010Additions$10,590Total$23,600
Tax Record2022$2,170 ($181 / month)
Home Facts
StyleMiscellaneous CommercialCountyCHAMPAIGNAPN422012284007

Schools near 502 North Hickory Street

This home is within Champaign Community Unit School District 4.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Public - K to 5
Public - K to 5
Rating
School
Distance
Actions Program
PublicK to 12

Central High School
Public9 to 12

Carrie Busey Elementary School
PublicK to 5

Vernon L Barkstall Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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502 North Hickory Street is a mixed use property for sale in Champaign, IL 61820. This property was listed for sale on June 25, 2019 by WARD & ASSOCIATES, it's currently listed at $999,000. This listing's school district is Champaign Community Unit School District 4. Nearby schools include Actions Program, Central High School and Carrie Busey Elementary School. 502 North Hickory Street is a 0-bed, 0-bath, mixed use property built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WARD & ASSOCIATES

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.