Downtown Retail Storefront with
41 E University Avenue Champaign, IL 61821
For Lease
Contact for pricing
COMMERCIAL - Champaign, IL
Property Size3,400 SF
Days on Market779
Property Features for 41 E University Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
COMMR
Standard status
Active
Taxes and HOA fees
Tax Year
2023
Tax Description
NOT FOR SALE
Utilities
Cooling system
Central Air
Building Details
Year built
1913
Floors in Building
3
Flooring type
Wood, Vinyl, Tile
Listing Agency:
WARD & ASSOCIATES
(217) 355-1000
Listed By:
Debby Auble · License #471013006
(217) 355-1000
Added: Jun 10, 2024
Changed: Jul 13
Last Checked: Jul 28 at 5:06PM
MLS# 12080025
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Investment Insights
Based on property information with market context.
Historic traction building retail space in the heart of Downtown Champaign with large east and north windows providing natural light and city views. The 1st floor suite was formerly a salon and is designed with a reception area, storage room, dressing room, kitchen, and two restrooms, along with four treatment rooms. Interior finishes include maple floors and ceramic and vinyl tile, and the space is identified as ADA/HDA compliant.
The property is located across the street from the Illinois Terminal hub, which provides consolidated inter-city bus service, rail passenger service, and major transfer point for local mass transit. Public parking is available across the street, and private lease parking is also available. Easy access to the University of Illinois is noted, with public-facing pedestrian traffic generated by the surrounding downtown mix of uses.
Zoning is listed as COMMR, supporting a variety of compatible retail and service uses based on tenant requirements.
The property is located across the street from the Illinois Terminal hub, which provides consolidated inter-city bus service, rail passenger service, and major transfer point for local mass transit. Public parking is available across the street, and private lease parking is also available. Easy access to the University of Illinois is noted, with public-facing pedestrian traffic generated by the surrounding downtown mix of uses.
Zoning is listed as COMMR, supporting a variety of compatible retail and service uses based on tenant requirements.
Key Highlights
- Historic 1913 Traction Building located in downtown Champaign with large east and north windows for natural light and city views
- Approximately 3,400 SF available on the 1st floor, formerly a salon, suitable for restaurant, retail, or business use
- Interior layout includes reception area, storage room, dressing room, kitchen, and 4 treatment rooms
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Town Flowers — 708 S Prairie St, Champaign, IL 61820
- Fleurish — 122 N Walnut St, Champaign, IL 61820
Frequently Asked Questions
What type of property is this?
Storefront property - First-floor retail space with large east and north windows, kitchen, multiple treatment rooms, and two restrooms.
Where is this storefront property located?
The property is located at 41 E University Avenue Champaign, IL.
What are key features of this property?
This property features: Historic 1913 Traction Building located in downtown Champaign with large east and north windows for natural light and city views; Approximately 3,400 SF available on the 1st floor, formerly a salon, suitable for restaurant, retail, or business use; Interior layout includes reception area, storage room, dressing room, kitchen, and 4 treatment rooms
