Storefront with Natural
For Lease
$17 SF/Yr
41 E University Ave Unit 1, Champaign, IL 61821
First-floor commercial space features a kitchen, treatment rooms, storage, and two restrooms.
Space Size3,400 SF
Days on Market15
Property Features for 41 E University Ave Unit 1
General Information
Standard status
Active
Size
3,400 SF
Net Rentable
3,400 SF
Space & Availability
Available Space
3,400 SF
Contiguous Space
3,400 SF
Floor
Ground
Amenities
reception area
storage room
dressing room
restrooms
treatment rooms
kitchen
large windows
natural light
city views
HDA compliant
high visibility
high traffic count
public parking
private lease parking
Building Details
Year Built
1913
Listing Agency:
WARD & ASSOCIATES
(217) 355-1000
Listed By:
Debby Auble · License #471013006
Source:
Amyboston.realtopiare
Added: Aug 14
Changed: Aug 28
Last Checked: Aug 28 at 12:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WARD & ASSOCIATES
Investment Insights
Based on property information with market context.
This 3,400-square-foot first-floor storefront occupies the historic Traction Building, constructed in 1913. The space includes a reception area, storage room, dressing room, four treatment rooms, kitchen, and two restrooms. East- and north-facing windows bring in natural light and provide city views. Maple, ceramic tile, and vinyl tile flooring are installed throughout, and the space is identified as HDA compliant. Its prior salon configuration can support a range of storefront-oriented business uses, including retail, restaurant, or general business operations.
The property is located at 41 E University Avenue in Downtown Champaign, directly across from the Illinois Terminal. The transportation hub provides inter-city bus service, passenger rail, and local mass transit connections. Public parking is available across the street, with private lease parking also offered. The University of Illinois is accessible from the property and has more than 55,000 students.
The property is located at 41 E University Avenue in Downtown Champaign, directly across from the Illinois Terminal. The transportation hub provides inter-city bus service, passenger rail, and local mass transit connections. Public parking is available across the street, with private lease parking also offered. The University of Illinois is accessible from the property and has more than 55,000 students.
Key Highlights
- 3,400 SF first‑floor storefront in the 1913 Traction Building
- Four treatment rooms, reception area, dressing room, storage, kitchen, and two restrooms
- East- and north‑facing windows provide natural light and city views
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,846
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 80%
Shops & Services 12%
Dining 9%
County Market
Groceries
21,552 visits/mo
0.5 miles
AutoZone
Shops & Services
3,134 visits/mo
0.4 miles
Papa John's Pizza
Dining
2,333 visits/mo
0.5 miles
Demographics for 61821, IL
29,057
Population
13,751
Households
2.1
Avg Household Size
36
Median Age
50%
College-Educated
95%
High-School Grad
7.7 sq mi
ZIP Area
3,774
Density / Sq Mi
$69,284
Median Household Income
$40,225
Median Earnings
$1,001
Median Rent
$174,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Town Flowers — 708 S Prairie St, Champaign, IL 61820
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Frequently Asked Questions
What type of property is this?
Storefront property - First-floor commercial space features a kitchen, treatment rooms, storage, and two restrooms.
Where is this storefront property located?
The property is located at 41 E University Ave Unit 1 Champaign, IL.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 3,400 SF first‑floor storefront in the 1913 Traction Building; Four treatment rooms, reception area, dressing room, storage, kitchen, and two restrooms; East- and north‑facing windows provide natural light and city views
