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Restaurant Space Near University Campus

209 E University Avenue Champaign, IL 61820

209 E University Avenue, Champaign, IL, 61820
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For Lease
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COMMERCIAL - Champaign, IL

Property Size2,000 SF
Days on Market63

Property Features for 209 E University Avenue

General Information

Property type
Commercial Lease
Property subtype
Retail
Zoning
COMMR
Standard status
Active
Size
2,000 SF

Taxes and HOA fees

Tax Year
2024
Tax Description
Lots pt 3, 4 Block 2 Campbell and Kirkpatrick's Add
Tax Annual Amount
11871

Utilities

Cooling system
Central Air

Building Details

Year built
2018
Floors in Building
1
Number of units
1
Listing Agency Green Street Realty
510 S. Neil St., Champaign, IL
Listed by Shannon Collins · License #ILLINOIS475.178418
Added: May 17 Checked: Jul 18 at 4:06 am
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.

This 2,000 SF second-generation restaurant space is located on a high-traffic corridor near a university campus. The recently renovated suite includes a commercial hood and a walk-in cooler in excellent working condition. The space features a generous dining area, providing ample seating capacity, along with two ADA-compliant restrooms. The layout supports both dine-in service and efficient kitchen operations, making it suitable for a wide range of restaurant concepts. The location benefits from strong visibility and consistent foot traffic driven by the nearby campus and surrounding neighborhood. Fully leased residential apartments above the space create a built-in customer base and steady daily activity. This location offers the infrastructure, accessibility, and exposure for a restaurant to quickly become operational.

Key Highlights

  • Recently renovated 2,000 SF second‑generation restaurant space.
  • Fully equipped with commercial hood and walk‑in cooler in excellent working condition, saving build‑out costs.
  • High‑traffic location on a corridor near a university campus.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mc Mahon Realty ... Real Estate Agency The Burrito Lab Restaurant Fagen Scooters Motorcycle Shop Nicholas Bridgett, LCSW Psychotherapist PERFECT BROWS Hair Salon

Suggested Use

Auto Parts Store Grocery & Convenience Store Electrical Service Storage Facility Pet Grooming Service Nursing Home Pharmacy (Bike/Boat/Book/etc) Store Accounting Firm Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant space with high visibility near campus.
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: Recently renovated 2,000 SF second‑generation restaurant space.; Fully equipped with commercial hood and walk‑in cooler in excellent working condition, saving build‑out costs.; High‑traffic location on a corridor near a university campus.
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