Menards top land bidder for Urbana property

URBANA – Menards spent big money Tuesday on 288 acres of prime commercial land in east Urbana, much of it along Illinois 130.

The Eau Claire, Wis.-based home improvement retailer bid $14,700 per acre for the property, which, when combined with a 5 percent premium for the real estate commission, came to a total winning price of $4.45 million.

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