Champaign, IL Commercial Real Estate for Sale

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Updated: Nov 7, 2025

Retail-Office Building with Overhead Door

909 W Bloomington Road, Champaign, IL 61821

$698,000

5,700 sqft · 0.40 AC lot

High‑visibility location near a heavily traveled intersection in Champaign.
5,700 sq ft building adaptable to retail and office/retail use.
Potential for three separate units with minimal renovation.
Includes over 1,500 sq ft of warehouse space with a large overhead garage door.
Three separate powerheads for easy billing to individual units.

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This listing looks promising.

Here's a quick look at some key insights for

909 W Bloomington Road, Champaign, IL 61821

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Est. Cap Rate

6.9%
Above avg (5.9%)
Est. NOI

$48K
Annual
Mortgage

$196K
Oct 2021

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Updated: Mar 25

Commercial Building with Established Tenants

1205 S Mattis Avenue, Champaign, IL 61821

$850,000

6,200 sqft · 0.55 AC lot

Immediate income from three established tenants.
New roof installed in 2025 ($130,000 value) reduces maintenance concerns.
High‑visibility location in a high‑traffic corridor.
Approximately 6,200 square foot commercial building.
Front and rear parking for tenants and visitors.

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Downtown Champaign Mixed-Use Building

320 N Neil Street, Champaign, IL 61820

$1,250,000

5,865 sqft · 0.08 AC lot

Prime mixed-use property in downtown Champaign with rental income.

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Champaign Commercial Land For Sale

4202 Nicklaus Drive, Champaign, IL 61822

$750,000

1.92 AC lot

1.92-acre commercial lot in desirable Champaign location.

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Champaign Commercial Building For Sale

2301 W Bradley Avenue, Champaign, IL 61821

$2,300,000

13,580 sqft · 2.61 AC lot

13,580 SF commercial building in Champaign, Illinois for sale.

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Commercial Property with Residential Home

3612 W Bloomington Road, Champaign, IL 61822

$1,250,000

7,800 sqft · 9.88 AC lot

10-acre commercial property with income, residential home, expansion potential.

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Religious Facility Property for Sale

1601 W Bloomington Road, Champaign, IL 61821

$700,000

1.68 AC lot

For-sale religious facility site zoned COMMR, positioned on Bloomington Road in Champaign.

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Bi-Level Standalone Retail Facility

6 Convenience Center Road, Champaign, IL 61820

Contact for pricing

5,500 sqft · 0.48 AC lot

Standalone bi-level retail building with dedicated basement space for storage or back-of-house operations.

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Freestanding Retail/Office Building for Lease

2103 N Dunlap Ave, Champaign, IL

$650,000

3,160 sqft · 0.41 AC lot

Freestanding retail/office building in Champaign, subject to Savoy Zoning.

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Retail Service and Office Building

1207 N Mattis Avenue, Champaign, IL 61821

$299,000

1.15 AC lot

Flexible retail, service, and office layout set on a large parcel with ample parking at a high-traffic intersection.

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Prime Commercial Land in Champaign

803 N Mattis Avenue, Champaign, IL 61821

$465,000

1.89 AC lot

1.89-acre commercial land in high-visibility Champaign location.

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Downtown Champaign Commercial Space

114 & 120 S Neil St, Champaign, IL 61820

$1,500,000

Prominent commercial space in Downtown Champaign near popular venues.

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Single-Story Office Building For Sale

1902 Fox Dr, Champaign, IL 61820

$1,800,000

17,915 sqft

17,915 SF office building, 86% leased, anchored by Comcast.

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Modern Industrial Facility in Champaign

1411 Interstate Dr, Champaign, IL 61822

$2,225,000

17,570 sqft

Well-maintained industrial facility with office and warehouse space for sale.

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Champaign Retail Opportunity

606 S 6th Street, Champaign, IL 61820

$1,700,000

0.09 AC lot

Retail space for sale in Champaign, Illinois.

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Versatile Commercial Property in Champaign

1069 County Road 900, Champaign, IL 61822

$949,900

5.00 AC lot

Warehouse, office, acreage, and single-family rental near I-57.

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Champaign Land Near Interstate 57

1609 Rion Drive, Champaign, IL 61822

$700,000

2.24 AC lot

2.24 acres near I-57, suitable for hotel or warehouse.

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Transmission Repair Business and Property

1519 N Willis Ave, Champaign, IL 61821

$575,000

4,510 sqft

Well-equipped auto shop with established business for sale.

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Champaign Land For Sale

1504 Newton Drive, Champaign, IL 61822

$225,000

2.08 AC lot

2.31-acre lot in Interstate Research Park, northwest Champaign.

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Remodeled Freestanding Building on Mattis

1203 S Mattis Ave, Champaign, IL 61821

$349,000

1,922 sqft

1,922 SF remodeled building with drive-thru on Mattis Avenue.

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Champaign Commercial Land For Sale

4202 Nicklaus Dr, Champaign, IL 61822

$750,000

1.92 AC lot

1.92-acre commercial lot in Champaign, ideal for development.

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Champaign Freestanding Building with Drive-Thru

1905 N Neil St, Champaign, IL

$1,125,000

5,200 sqft · 1.51 AC lot

5,200 SF building with drive-thru on 1.52 acres.

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Champaign Mixed-Use Property For Sale

1306 Parkland Ct, Champaign, IL 61821

$5,300,000

25,000 sqft · 1.85 AC lot

1.85-acre property with three buildings in Champaign, Illinois.

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Twelve-Bay Self-Service Car Wash

2208 W Springfield Ave, Champaign, IL 61821

$825,000

7 sqft

Twelve-bay car wash with mechanical room and restroom.

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Champaign, IL Commercial Real Estate Market Trends and Statistics

Explore 87 commercial real estate for sale in Champaign, IL, showcased through 87 active listings on our real estate platform. These investment opportunities span a total of 276,987 square feet of properties for sale, with an estimated market value of $79,563,880.

Sale prices for business properties in Champaign, IL start at $349,000, averaging $1,768,086, and reaching up to $7,975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 96K

Population Growth (5Y) +1.5%

Median Household Income $62,086

College Educated 42.5%

High-Yield Neighborhoods for Investment

Identify Champaign submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
61821	$1.2M
61822	$1.3M
61820	$2.7M

Taxes & Financing

Tax Rate (average for all types) 8.86%

Property Tax per SF $37.00 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Champaign County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Champaign fall within the 100,000+ square foot range.

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