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Versatile Retail Space Available
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513 N Hickory St, Champaign, IL

Retail space in mixed-use building, Champaign, IL.

Space Size813 SF
Lot Size0.34 Acres
Days on Market420

Property Features for 513 N Hickory St

General Information

Standard status Active
Size 813 SF
Lot size 0.34 Acres
Property subtype RETAIL
Lease Type Gross

Spaces For Lease

at 513 N Hickory St Contact us

513 N Hickory St $1,480/Mo

Floor
1
Size
813 SF
Type
RETAIL
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- 12-16 E Washington Street; known as the Hickory, was built in 1920 and is a mixed-use...
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Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Josh Markiewicz
Source: Moodyscre
Added: Jun 27, 2025 Changed: Aug 9 Last Checked: Aug 20 at 9:43AM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

The property, known as the Hickory, is a mixed-use building constructed in 1920, featuring commercial space on the ground floor and 18 upscale apartments. The available commercial space, located at 12 E Washington Street, provides approximately 813 square feet of modern space suitable for a variety of uses.

Key Highlights

  • Upscale apartments above the commercial space.
  • Located at 12‑16 E Washington Street, a desirable location.
  • Built in 1920, offering historical character.

Property Analytics

Current Use

The Hickory Street Apartments Apartment Building

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Butcher Nursing Home Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,334
Businesses Nearby

Market

Lease Benchmarks for Champaign, IL

$18.13 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
10,927 SF
Avg Space Size

This space is priced 21% above the average of $18.13 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in mixed-use building, Champaign, IL.
Where is this retail space located?
The property is located at 513 N Hickory St Champaign, IL.
What is the lease rate?
The lease rate is $1,480/Mo.
What are key features of this property?
This property features: Upscale apartments above the commercial space.; Located at 12‑16 E Washington Street, a desirable location.; Built in 1920, offering historical character.
(217) 403-3424 Call to check price and availability
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