Renovated Restaurant
For Lease
Contact for pricing
209 E University Avenue, Champaign, IL 61820
Commercial Lease, Champaign, IL
Space Size2,000 SF
Days on Market108
Property Features for 209 E University Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
COMMR
Directions
On the corner of E University and S 3rd St.
Subdivision
Champaign, Savoy
Standard status
Active
Taxes and HOA fees
Tax Year
2024
Tax Description
Lots pt 3, 4 Block 2 Campbell and Kirkpatrick's Add
Tax Annual Amount
11871
Legal Description
Lots pt 3, 4 Block 2 Campbell and Kirkpatrick's Add
Utilities
Cooling system
Central Air
Building Details
Year built
2018
Floors in Building
1
Number of units
1
Listing Agency:
Green Street Realty
(217) 356-8750
Listed By:
Shannon Collins · License #475178418
(217) 356-8750
Added: May 17
Changed: Aug 20
Last Checked: Sep 1 at 6:06PM
MLS# 12650643
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Available for lease, this 2,000 SF restaurant suite was renovated for continued food-service use. The layout includes a dining area, commercial hood, walk-in cooler, and two ADA-compliant restrooms, with Central Air serving the space. Built in 2018, the property is zoned COMMR and is configured for both customer-facing dining and back-of-house operations.
The suite sits on a high-traffic corridor near campus in Champaign, with nearby residential apartments above the space. Its location provides proximity to campus activity and surrounding neighborhood traffic, while the existing restaurant infrastructure can reduce the need for major initial improvements.
The suite sits on a high-traffic corridor near campus in Champaign, with nearby residential apartments above the space. Its location provides proximity to campus activity and surrounding neighborhood traffic, while the existing restaurant infrastructure can reduce the need for major initial improvements.
Key Highlights
- 2,000 SF restaurant suite available for lease
- Commercial hood and walk‑in cooler included
- Dining area plus two ADA‑compliant restrooms
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Commercial hood
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,452
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61820, IL
40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Equipped kitchen infrastructure supports dine-in service and efficient food preparation.
Where is this conventional restaurant located?
The property is located at 209 E University Avenue Champaign, IL.
What are key features of this property?
This property features: 2,000 SF restaurant suite available for lease; Commercial hood and walk‑in cooler included; Dining area plus two ADA‑compliant restrooms
