Champaign IL Real Estate & Commercial for Sale

16 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12529947
Type:
Mixed Use
Lot size:
0.25 Acres
Year built:
2010
A broker reciprocity listing Courtesy: KELLER WILLIAMS-TREC 217-356-6100
View additional info

ADDITIONAL INFORMATION

A 30x60 unit with 2 walk-in doors and 2, 12-foot overhead doors, front and back of the unit. Previous tenant left a large electrical box for extra needed electricity. The unit has heat and A/,C and a bathroom. This is a sublease, and the property owner will take over in about 1 1/2 years. Last unit to the West in this building. The last unit available in this complex.

Beds:
n/a
Baths:
Sq.Ft.:
5,700
Status:
Active
MLS#:
12513602
Type:
Other
Lot size:
0.4 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Taylor Realty Associates 217-586-4906
View additional info

ADDITIONAL INFORMATION

This is a unique opportunity to own a commercial building within view of the one of the heavily traveled intersections in Champaign. This building is currently being used as retail space and office/retail unit. 5700 SQ FT separated into two units with the option to add a third unit with nothing more than a wall. There are three bathrooms and over 1,500 SQ FT of warehouse space with an large overhead garage door. Seller is collecting $1,300 a month with their current tenant on a month to month lease as the seller utilizes the retail & warehouse space of the building. Building comes equipped already with three separate powerheads for easy billing to separate units.

Beds:
n/a
Baths:
Sq.Ft.:
10,440
Status:
Active
MLS#:
12468790
Type:
General Commercial
Lot size:
9.88 Acres
Year built:
1961
A broker reciprocity listing Courtesy: RE/MAX REALTY ASSOCIATES-CHA 217-352-5700
View additional info

ADDITIONAL INFORMATION

Outstanding Location...Unlimited Possibilities...Excellent Opportunity! ~10 acres conveniently located between Mahomet & Champaign on US Rt. 150, surrounded by a permitter of mature trees and adjacent to 95 acre prairie restoration. Easy access to Champaign, Mahomet, I-74 & Staley Rd, making this an excellent business location, building site or development area. "Triple-Net" lease through 10/31/2026. Fully leased Commercial property in the County. Current, happy tenant pays all property taxes, insurance, utilities, maintenance and $7500 a month in rent. (interested in staying) Next owner will collect $90K in income over the next 12 months with zero expenses! (yes...you read that right! ) Brick and concrete fence provide a gated security entry to the massive 130 x 60 building that is built like a tank! Currently divided into 3 separate units that all have separate utilities, doors and bathrooms. Endless amount of parking and wide open space, along with plenty of open space for outdoor storage, work space and future expansion. Also included is a multi-level, residential 4 bedroom, 1.5 bath, 2500sqft (1900 finished) home with a detached 2.5 car garage. Large spaces include (28x14) living room and (22x11) 4 season room and a (14x11)laundry room plus loads of storage in the unfinished basement. Recent updates include a freshly painted interior, replacement windows, new quality LVP flooring throughout and updated kitchen with stainless appliances. Property has two PIN's 12-14-33-100-011 & 12-14-28-300-008. A tremendous amount of property, value to expand your business or add to your investment portfolio. Don't Delay...Call Today!

Beds:
n/a
Baths:
Sq.Ft.:
2,800
Status:
Active
MLS#:
12502402
Type:
Other
Year built:
1960
A broker reciprocity listing Courtesy: KELLER WILLIAMS-TREC 217-356-6100
View additional info

ADDITIONAL INFORMATION

Great return on investment. Business for sale. No Real Estate. Illini Pantry is a well known liquor store in the heart of campus. Current lease has 7 years remaining with another 10 year option. There is $750,000 - $800,000 in inventory that is not part of the sales price that would be added to the price based on actual inventory at closing.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12490337
Type:
General Commercial
Lot size:
0.17 Acres
Year built:
2014
A broker reciprocity listing Courtesy: Green Street Realty 217-356-8750
View additional info

ADDITIONAL INFORMATION

The Quarters - Exceptional investment opportunity! This 32-unit, 5-story apartment building in Downtown Champaign was built in 2014 and features Spanish Colonial-inspired design with 14' ceilings, hardwood floors, granite window sills, and Juliet balconies. Units include in-unit laundry, full appliance packages, and high-speed internet. The building offers covered parking, secure access, and a 5-stop Kone elevator. With a strong leasing history, high occupancy, and consistent rent growth, this property is a turnkey income-producing asset in a prime, walkable location near restaurants, nightlife, and shopping.

Beds:
n/a
Baths:
Sq.Ft.:
8,628
Status:
Active
MLS#:
12490492
Type:
Other
Lot size:
0.48 Acres
Year built:
1990
A broker reciprocity listing Courtesy: eXp Realty-Champaign 888-574-9405
View additional info

ADDITIONAL INFORMATION

Available for sale or lease at a negotiable rate! Seller is very flexible. Truly a unique location and property, this standalone bi-level retail facility, set on half an acre, and positioned on a prime out lot of Champaign County's foremost shopping hub, the Market Place Mall. Originally established as a bank, the property underwent a comprehensive reconstruction in 2006 and boasts a 3,100 sq. ft. basement with 12 ft. ceiling heights, which is not factored into the overall 5,500 sq. ft. footprint. This supplementary space is ideal for back-end operations as well as inventory and storage needs. As a result, the main level is primarily devoted to sales, featuring strategically placed stockrooms and restrooms. The owners have thoughtfully reimagined the property to highlight an exquisite central showroom area. Please reach out to arrange a viewing and explore the space in person.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12485512
Type:
General Commercial
Lot size:
0.18 Acres
Year built:
1903
A broker reciprocity listing Courtesy: KELLER WILLIAMS-TREC 217-356-6100
View additional info

ADDITIONAL INFORMATION

Expand your rental portfolio with 617 W Springfield, a 5-unit building located just minutes from downtown Champaign. Each unit is a one-bedroom with its own kitchen and bathroom. Two units have been recently remodeled, while the remaining three units have long-term tenants (with the potential for rent increases.) Significant updates include full exterior repainting, back porch upgrades, a new water heater, a new furnace, and landscaping improvements, all of which enhance both curb appeal and longevity. The property features a coin-operated laundry in the basement. Tenants have individually metered electricity, while water, sewer, and natural gas are included in a monthly utility charge that is part of the rent. A solid investment opportunity in a prime location!

Beds:
n/a
Baths:
Sq.Ft.:
28,960
Status:
Active
MLS#:
12463735
Type:
General Commercial
Lot size:
0.53 Acres
Year built:
1997
A broker reciprocity listing Courtesy: Green Street Realty 217-356-8750
View additional info

ADDITIONAL INFORMATION

The Castle on Locust presents a prime value-add multifamily investment opportunity in an unbeatable campus location. Fully leased with 29 units and 85 total beds, this property offers a diverse mix of 13 four-bedroom units, 2 three-bedroom units, 13 two-bedroom units, and 1 one-bedroom unit. Featuring in-unit laundry and dishwashers in all units, most with private balconies, the building also includes unique layouts such as 3-story deluxe units and 2-story townhomes with spiral staircases. Covered parking is available, and tenants pay water while electricity is included with a cap. An additional $35 per bed utility fee covers internet, trash, recycling, and UC sanitary services. Current leases run from August 18, 2025, through July 31, 2026, on a 12-installment schedule. With NOI consistently increasing and proforma projections showing income exceeding $400K for 2025-2026, this fully occupied property is a rare opportunity to acquire a well-maintained, high-demand student housing asset with strong cash flow and long-term upside.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12434241
Type:
Mixed Use
Year built:
1927
A broker reciprocity listing Courtesy: KELLER WILLIAMS-TREC 217-356-6100
View additional info

ADDITIONAL INFORMATION

Warehouse, office space, acreage, and a single-family rental property all in one! Sitting on 5 acres with close access to I-57 and surrounding communities. This building is composed of multiple offices,a kitchen, and a conference room. Large warehouse space with concrete floors and skylights for. Climate-controlled warehouse space is available as well. This building can handle any or multiple companies' needs. Plenty of land for future income possibilities and approved zoning for storage units, additional buildings, etc. Some spaces and single-family home are currently rented. Schedule your showing today!

Beds:
n/a
Baths:
Sq.Ft.:
13,050
Status:
Active
MLS#:
12402207
Type:
General Commercial
A broker reciprocity listing Courtesy: The Real Estate Group,Inc 217-607-2634
View additional info

ADDITIONAL INFORMATION

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 mix 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.

Beds:
n/a
Baths:
Sq.Ft.:
13,580
Status:
Active
MLS#:
12094312
Type:
General Commercial
Lot size:
2.61 Acres
Year built:
2010
A broker reciprocity listing Courtesy: Green Street Realty 217-356-8750
View additional info

ADDITIONAL INFORMATION

Beautiful 13,580 SF commercial building for sale! Constructed in a high quality manner in design and finishes, this building provides 10ft ceilings, an abundant of lighting throughout, and overlooks the park and lake out the back. The exterior features professional landscape, an irrigation system, sidewalks, and 46 concrete parking spaces with brick, car siding, and stone exterior. The once class A office building has been converted to a school/daycare split into two suites with two current tenants in place. Additionally, the property offers a metal roof, geothermal heating and cooling system, sprinkler system, and alarm systems. This is a great investment opportunity. View it today!

Beds:
n/a
Baths:
Sq.Ft.:
18,576
Status:
Active
MLS#:
12264247
Type:
Mixed Use
Lot size:
0.23 Acres
Year built:
1897
A broker reciprocity listing Courtesy: Coldwell Banker R.E. Group 217-351-1988
View additional info

ADDITIONAL INFORMATION

Excellent investment opportunity in downtown Champaign, located across from the Hill Street Parking Deck and just steps away from downtown restaurants and night-life. This historic turn of the century, architecturally significant Richardsonian building features residential multi-family and commercial tenant spaces. The building, once owned by Senator McKinley, began life as "The Women's Town Club" hotel, and now is home to Buzard Pipe Organ Builders, LLC. There are currently 6 unique luxury 2-bedroom residential apartments ranging from 980 to 1400 sqft which are 100% leased. The commercial space is currently occupied by the owner/business. Updates include zoned HVAC, 800 Amp electrical service, all new plumbing, 2 elevators (1 recently added freight and 1 historic passenger), new roof, thermopane windows, brick tuck-pointing, restored vintage and reproduction light fixtures, doors and windows, preserved tile flooring and original woodworking throughout. The entire building is fire-protected by a sprinkler system, and the ceiling separating the commercial space from the residential apartments above has a 2-hour fire rating. The first and second floor commercial space could be leased as a whole or split into multiple spaces. The existing apartments on the 3rd and 4th floors have room for significant monthly rent increases, and additional residential units could be added. They have cherry cabinets and high-end finishes, with some including tin ceilings and 100+-year-old pine floors. New windows were recently installed, and each unit features a washer and dryer. Unit 302 is multi-story in design, with the second bedroom accessible via a spiral staircase. The commercial space features a three story tall back loft which was opened from the first floor to the top of the 3rd floor. This building has endless opportunities including a potential event center space with ample parking in the parking deck. Because this building has been labeled a Historic Landmark, both federal and state historical tax credits are available for future renovation and construction expenses. Contact the listing agent for additional details on the potential hundreds of thousands of dollars (up to 45% of your improvements costs) available depending upon the project scope.

Beds:
n/a
Baths:
Sq.Ft.:
3,075
Status:
Active
MLS#:
12257390
Type:
Mixed Use
Lot size:
0.7 Acres
Year built:
1979
A broker reciprocity listing Courtesy: Trautman Real Estate Agency & Appraisal LLC 217-888-8585
View additional info

ADDITIONAL INFORMATION

Take advantage of seller financing for qualified buyers and secure this exceptional 3,075-square-foot property in a thriving business area of Champaign. Previously functioning as a turnkey restaurant, this property can offer steady rental income and is well-suited for a variety of business ventures. The building is situated on a half-acre lot with a spacious parking lot that accommodates 55+ vehicles, just two blocks west of a newly established Starbucks, ensuring excellent visibility and foot traffic in a highly sought-after location. In addition to its prime location and income-generating potential, the property can benefit from a number of state and local programs designed to support small businesses, making it an even more attractive option for prospective buyers. This property represents a compelling investment opportunity, combining a high-demand location, steady income generation, and future growth potential. Whether you're seeking a turnkey operation or a high-potential asset to start or expand your business, this listing provides the perfect blend of quality and profitability. To be sold AS-IS, don't miss out-schedule your showing today!

Beds:
n/a
Baths:
Sq.Ft.:
22,052
Status:
Active
MLS#:
12212107
Type:
Mixed Use
Year built:
1913
A broker reciprocity listing Courtesy: WARD & ASSOCIATES 217-355-1000
View additional info

ADDITIONAL INFORMATION

Historic Illinois Traction Building in the heart of Downtown Champaign offers high visibility and high traffic count. Built in 1913, the building was designed by architect Joseph Royer in the Contemporary Commercial Style featuring large windows on all sides allowing for natural light and city views! The building originally housed the railway's offices and served as the Champaign interurban station until 1936. It later housed the offices of the Illinois Power Company, which descended from the Illinois Traction System. The building was added to the National Register of Historic Places in 2006. This property is a rare offering for a stand alone building with its perfect blend of retail, residential, and office space plus off street parking. The West side has outdoor paved space currently being utilized for off street parking however with its in-place access to the 1st floor of the building this space could be transformed into outdoor patio and/or dining areas. With the high traffic of University Avenue an outdoor patio/dining space can show off your business and increase customer awareness. Across Market street to the east is the Illinois Terminal hub which is a consolidated terminal hosting a major transfer point for local mass transit service, inter-city bus service, and Amtrak passenger service. This location also provides easy access to the University of Illinois with over 55,000 students. Downtown Champaign offers a variety of sought out restaurants, microbreweries, and pubs plus a vibrant cultural and arts scene. Throughout Downtown you will find mixed use properties and multi-family developments creating a significant residential population that combines with a strong daytime employment creating a strong customer and client base for any business.

Beds:
n/a
Baths:
Sq.Ft.:
3,200
Status:
Active
MLS#:
12189671
Type:
General Commercial
Year built:
2007
A broker reciprocity listing Courtesy: Ramshaw Real Estate 217-359-6400
View additional info

ADDITIONAL INFORMATION

Discover the perfect space for your business or a great investment opportunity at 412 S Staley Rd, Champaign. This Warehouse/Office condo is located just off the intersection of Springfield Ave and Staley Rd. The current ratio is 2,400 SF of office space and 800 SF of warehouse with a pass-through door and one 12' overhead door. The office space is move in ready and boasts two bathrooms and a shower. The warehouse space has a floor drain, access to water, the ability to heat and cool and mezzanine space for storage as well. These condos are a coveted find and a prime opportunity for owner-occupied or investor use. Explore the potential of this exceptional property and envision your business thriving in this sought-after location. Furniture in the unit can be sold separately if desired.

Beds:
n/a
Baths:
Sq.Ft.:
5,800
Status:
Active
MLS#:
11784961
Type:
General Commercial
Year built:
1999
A broker reciprocity listing Courtesy: Coldwell Banker R.E. Group 217-351-1988
View additional info

ADDITIONAL INFORMATION

Welcome to a golden opportunity nestled in the bustling heart of commerce, where the aroma of success is as rich as the coffee brewing in the morning. This is not just a property; it's a beacon of potential, a canvas awaiting the masterstroke of your business acumen. Imagine owning a slice of prosperity on a major corridor that pulses with the lifeblood of the city, a stone's throw from the vibrant North Prospect shopping center and the bustling Marketplace Mall. Here, commerce dances to the rhythm of opportunity, and your investment grows with the ebb and flow of the city's heartbeat. Step onto this almost two-acre estate and feel the pulse of potential beneath your feet. The centerpiece is a robust 5,800 sq. ft. restaurant, a culinary haven that whispers tales of sumptuous feasts and clinking glasses, leased to a tenant whose commitment mirrors the strength of this building-five years, with the promise of renewal for another five, ensuring a steady stream of income like a bountiful harvest, $8,300 per month to be precise. As you wander through this well-crafted space, let your senses be your guide. Envision the laughter and conversation of diners, the sizzle of exquisite cuisine being prepared, and the clink of glasses in celebration-all contributing to the symphony of a successful enterprise. But the allure doesn't end there. Adjacent to this bustling eatery lies a vacant acre, a blank canvas kissed by the sun and caressed by possibilities. Here, you have the freedom to erect a 6,000 sq. ft. edifice of your own design, whether it be a retail haven, a professional hub, or an extension of the gastronomic paradise next door. And let's not forget the new Costco, just a block to the west, adding to the magnetic draw of the area, ensuring a steady flow of patrons and the promise of growth. This property, offered at $2,500,000 for the full expanse of opportunity, or $1,250,000 for the vacant acre alone, is not just an investment; it's a cornerstone for your future, a place where your entrepreneurial dreams can take root and flourish. Seize the chance to be a part of this commercial tapestry, to weave your vision into the fabric of this thriving community. This is where your foresight meets fruition, where your business can bloom amidst the thrum of a city on the rise. Welcome to your future. Welcome to success.

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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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Champaign Real Estate

Champaign is located in Illinois. Champaign, Illinois has a population of 88,343. Champaign is more family-centric than the surrounding county with 31.77% of the households containing married families with children. The county average for households married with children is 30.63%.

The median household income in Champaign, Illinois is $52,687. The median household income for the surrounding county is $56,939 compared to the national median of $69,021. The median age of people living in Champaign is 26.9 years.

Champaign Weather

The average high temperature in July is 84.4 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 40.7 inches per year, with 20.3 inches of snow per year.

Champaign Map

Champaign Real Estate Market Conditions

  • Median sales price

    $237,500
    14.5%
    change since last quarter
  • # Active listings

    188
    30-day change

Champaign Schools and Demographics

Education near Champaign, IL

City County
High School Graduates 94.14 94.77
College Degree - 2 year 7.24 8.56
College Degree - 4 year 51.9 45.48
Graduate Degree 19.1 15.4
Expenditures per Student 20,461 20,461
Students per Teacher 13.4 13.4

Elementary Schools near Champaign, IL

Grades Students P/T Ratio ZIP
Bottenfield Elementary School KG - 05 469 14.9 61820
Champaign Early Chldhd Cntr PK - PK 285 25.9 61820
Dr Howard Elementary School KG - 05 418 13.3 61821
Garden Hills Elementary School KG - 05 542 12.7 61821
International Prep. Academy KG - 01 108 108 61821
Kenwood Elementary School KG - 05 354 13.1 61821
LEAL Elementary School KG - 05 399 13 61801
M L King Jr Elementary School KG - 05 320 9.4 61801
Prairie Elementary School KG - 05 408 11.7 61802
Robeson Elementary School KG - 05 409 14.1 61821
South Side Elementary School KG - 05 292 16.2 61820
Stratton Elementary School KG - 05 472 11.6 61820
Thomas Paine Elementary School KG - 05 312 13.2 61802
Urbana Early Childhood Center PK - PK 311 19.4 61802
Vernon L Barkstall Elementary School KG - 05 475 14.9 61822
Washington Elementary School KG - 05 365 14.2 61820
Westview Elementary School KG - 05 423 13.7 61821
Wiley Elementary School KG - 05 280 14.1 61801
Yankee Ridge Elementary School KG - 05 332 12.4 61801

Middle Schools near Champaign, IL

Grades Students P/T Ratio ZIP
Edison Middle School 06 - 08 702 14 61820
Franklin Middle School 06 - 08 660 12.3 61820
Jefferson Middle School 06 - 08 711 12.2 61821
Urbana Middle School 06 - 08 935 11.6 61801

High Schools near Champaign, IL

Grades Students P/T Ratio ZIP
Centennial High School 09 - 12 1,440 14.2 61821
Central High School 09 - 12 1,185 12.3 61820
Novak Academy 09 - 12 47 11.8 61820
Urbana High School 09 - 12 1,029 12.1 61801

Ungraded Schools near Champaign, IL

Grades Students P/T Ratio ZIP
* University of Illinois High School 08 - 12 317 61801
Actions Program KG - 12 0 0 61820
R E A D Y Program 06 - 12 89 6.6 61820

Demographics near Champaign, IL

City County
Neighborhood Type
Population 88,343 206,583
Population Density 3,869 207
Median Age 26.9 30.6
People per Household 2.3 2.3
Median Household Income 52,687 56,939
Average Income per Capita 32,023 32,971

Real estate near Champaign