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    Champaign, IL
    Creative Space

    Champaign, IL Creative Space for Sale

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    Urbana, IL Savoy, IL East Peoria, IL Mahomet, IL Tolono, IL Peoria, IL Thomasboro, IL Saint Joseph, IL
    Three-Unit Mixed-Use Building
    Updated: Aug 3
    Three-Unit Mixed-Use Building

    9 E University Ave, Champaign, IL 61820

    $499,900
    3,797 sqft
    Three‑unit mixed‑use property in Downtown Champaign
    Main commercial area extends across two levels with a finished basement
    Exposed brick, hardwood flooring, and perimeter track lighting
    Upper loft includes a kitchen, updated bathroom, and floating steel staircase
    Separate first‑floor 1 bedroom studio space
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    See hot listings in Champaign

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Champaign, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Creative Space with Glass Offices
    Creative Space with Glass Offices

    9603 W 133rd Ave, Cedar Lake, IN 46303

    $649,500
    1,923 sqft

    Flexible layout includes a conference room, break areas, and dedicated office space.

    View details
    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    902 N Main St, Princeton, IL 61356

    $299,000
    9,200 sqft

    Two floors combine commercial areas with rental units and substantial building updates.

    View details
    Creative Office Space
    Creative Office Space

    9603 W 133rd Avenue, Cedar Lake, IN 46303

    $649,500
    1,923 sqft 0.17 AC lot

    Flexible workspace includes a conference room, break areas, and two glass-enclosed offices.

    View details
    Historic Mixed-Use Building
    Historic Mixed-Use Building

    902 N Main Street, Princeton, IL 61356

    $299,000
    0.11 AC lot

    Two-story commercial property with adaptable interior areas, rental accommodations, and prominent street-facing glazing in Princeton’s Art District.

    View details

    Champaign, IL Creative Space Market Trends and Statistics

    Explore 1 creative space for sale in Champaign, IL on our real estate platform. These investment opportunities span a total of 3,797 square feet of properties for sale, with an estimated market value of $499,900.

    Sale prices for creative space in Champaign, IL average $499,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 39
    Office buildings 20
    Medical Office Space 4
    Business parks 3
    Coworking space 3

    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
    61820 $499.9K

    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 25,000 to 50,000 square foot range.

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