41 E University Ave Champaign, IL 61820

The historic Illinois Traction Building, located in the heart of Downtown Champaign, offers high visibility and traffic. Constructed in 1913 and designed by architect Joseph Royer in the Contemporary Commercial Style, the building features large windows providing natural light and city views. Originally housing railway offices and serving as the Champaign interurban station until 1936, it later housed the offices of the Illinois Power Company. The building was added to the National Register of Historic Places in 2006. This stand-alone building offers a blend of retail, residential, and office space, complemented by off-street parking. The west side features an outdoor paved space currently used for parking, but with access to the first floor, it could be transformed into an outdoor patio or dining area. The location benefits from high traffic on University Avenue, enhancing business visibility. Across Market Street is the Illinois Terminal hub, a consolidated terminal for local mass transit, inter-city bus service, and Amtrak passenger service. The location also provides access to the University of Illinois with over 55,000 students. Downtown Champaign features restaurants, microbreweries, pubs, and a vibrant cultural and arts scene. The area includes mixed-use properties and multi-family developments, creating a residential population that combines with daytime employment, establishing a customer and client base for businesses. The property is situated on a 0.29-acre lot.