855.375.4001
Listing Courtesy of: Carol Meinhart - The Real Estate Group,Inc 217-607-2634
$3,000,000 affordable loan icon Calculate Payment

505 E University Avenue Champaign, IL 61820

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General Commercial Residence
Beds
Baths
... Bed/Bath
13,050 Sq. Ft.

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Last updated on 12/22/2025 4:07 AM
Located at 505-507 E. University Avenue in Champaign, Illinois, this versatile 3,600-square-foot multi-tenant building presents a prime investment opportunity. The property is currently occupied by a liquor store, an international fast-food restaurant, and a therapy center, offering an attractive mi...x of tenants that appeal to a broad customer base. The available space is delivered in vanilla box condition, allowing future tenants to customize the interior to suit their operational needs. The site offers excellent visibility along University Avenue, one of the busiest east-west thoroughfares in the area, providing outstanding exposure and consistent vehicle and pedestrian traffic. Ample on-site parking enhances accessibility for both tenants and customers, making it a convenient destination for retail, service, or professional office users. Additionally, the property's location near the University of Illinois campus, Carle Foundation Hospital, and OSF Heart of Mary Medical Center further bolsters its appeal by attracting a diverse population of students, medical professionals, and visitors. With a CG - Commercial General zoning designation, this property supports a wide range of commercial uses. Its central location in a densely populated area surrounded by businesses and residential neighborhoods makes it an ideal opportunity for both owner-users and investors looking to capitalize on Champaign's strong economic and demographic growth. Continue reading
MLS#
12402207
Property Type
General Commercial
Square Feet
13,050 sq. ft

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Listing Courtesy of: Carol Meinhart - The Real Estate Group,Inc 217-607-2634
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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This content last refreshed on 12/22/2025 4:07 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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