Downtown Champaign Commercial Space
41 E University Avenue Champaign, IL 61820
For Lease
Contact for pricing
COMMERCIAL - Champaign, IL
Days on Market779
Property Features for 41 E University Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
COMMR
Standard status
Active
Taxes and HOA fees
Tax Description
LOT 12 BLOCK 10 RAILROAD ADD
Utilities
Cooling system
Central Air
Building Details
Year built
1913
Floors in Building
3
Number of units
1
Flooring type
Carpet
Listing Agency:
WARD & ASSOCIATES
(217) 355-1000
Listed By:
Debby Auble · License #471013006
(217) 355-1000
Added: Jun 10, 2024
Changed: May 13
Last Checked: Jul 28 at 5:06PM
MLS# 12079876
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Investment Insights
Based on property information with market context.
This commercial space, approximately 3400 square feet, is located in downtown Champaign. The layout includes a reception area, seven offices, and a walk-in vault. The property features three entrances, an elevator, and public restrooms. It is suitable for various uses, having previously housed law offices, real estate offices, and therapist offices. The space can also be subdivided. Downtown Champaign offers a variety of restaurants, microbreweries, and pubs, along with a cultural and arts scene. The area features mixed-use properties and multi-family developments, creating a residential population combined with daytime employment, establishing a customer and client base. The property is located across the street from the Illinois Terminal hub, which provides a consolidated terminal for inter-city bus service, rail passenger service, and a major transfer point for local mass transit service. It also offers easy access to the University of Illinois with over 55,000 students. Public parking is available across the street, and private lease parking is also an option.
Key Highlights
- Prime downtown Champaign location with a strong customer/client base.
- Across the street from the Illinois Terminal hub for easy inter‑city and local transit.
- Approximately 3400 s.f. with a flexible layout including a reception area, 7 offices, a walk‑in vault, and 3 entrances; the space can be sub‑divided.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - 3400 SF office space in vibrant downtown Champaign.
Where is this office units located?
The property is located at 41 E University Avenue Champaign, IL.
What are key features of this property?
This property features: Prime downtown Champaign location with a strong customer/client base.; Across the street from the Illinois Terminal hub for easy inter‑city and local transit.; Approximately 3400 s.f. with a flexible layout including a reception area, 7 offices, a walk‑in vault, and 3 entrances; the space can be sub‑divided.