Champaign, IL 61820 703 N Prospect Avenue
$275,000
Pending
1 more
Presented By: KELLER WILLIAMS-TREC
SQFT • 1,396
Home Details
This iconic tavern, the heart of the city's oldest neighborhood for 90 years, is now for sale. We've kept the original charm while adding modern amenities. The business is primed for growth with recent additions, including Illinois State Poker Machines, a new HVAC system, a new walk-in condenser and compressor, and new windows. A newly renovated apartment upstairs is also included, ideal for staff or as a live-in manager's unit. This is a rare opportunity to own and operate one of the oldest neighborhood taverns around.
Presented By: KELLER WILLIAMS-TREC
Interior Features for 703 N Prospect Avenue
Other Rooms
General for 703 N Prospect Avenue
Additional Parcels Y/NNo
Business TypeBar/Tavern/Lounge
CityChampaign
CoolingCentral Air
CountyChampaign
DirectionsProspect Ave south to 703
ElectricSeparate Meters, Service - 101 to 200 Amps
Lot Size Square Feet8420
MLS AreaChampaign, Savoy
ModificationTimestamp2025-10-05T08:02:18.242Z
Operating Expense
PossessionClosing
Possible UseCommercial
Property TypeBusiness Opportunity
Property TypeBus / Bus w/Real Est
Standard StatusPending
StatusPending
Stories Count2
Tax Annual Amount3841
Tax Year2023
Tenant PaysOther
UtilitiesElectricity Available
ZoningCOMMR
Exterior for 703 N Prospect Avenue
Building Area Total1396
Lot Dimensions105X82
Waterfront Y/NNo
Additional Details
Price History
