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Retail Space Near Regional Mall
For Sale
Contact for pricing
Pending

I-74 & N Prospect Avenue, Champaign, IL 61820

Retail space positioned along a major shopping corridor near established national and regional retail destinations.

Property SizeContact for details
Days on Market42

Property Features for I-74 & N Prospect Avenue

General Information

Standard status Pending
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: Block & Company Inc
Listed By: David Block · License #KS BR00015006
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 5:01PM

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 Block & Company Inc

Investment Insights

Based on property information with market context.

This retail space is situated near Marketplace Regional Mall within Champaign’s primary retail corridor. The property is positioned in front of Rural King and Sam’s Club, placing it among established retail destinations and complementary shopping activity.

The site is located at the intersection of I-74 and N. Prospect Avenue in Champaign, Illinois, with access to the interstate. The surrounding area has an estimated population of 225,945 and an average household income of $46,202, providing demographic context for the retail setting.

Key Highlights

  • Positioned near Marketplace Regional Mall in Champaign’s primary retail corridor
  • Located in front of Rural King and Sam’s Club
  • At the intersection of I‑74 and N. Prospect Avenue

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Grooming Service Storage Facility Furniture & Home Goods

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby

Demographics for 61820, IL

40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value

Market

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 positioned along a major shopping corridor near established national and regional retail destinations.
Where is this retail space located?
The property is located at I-74 & N Prospect Avenue Champaign, IL.
What are key features of this property?
This property features: Positioned near Marketplace Regional Mall in Champaign’s primary retail corridor; Located in front of Rural King and Sam’s Club; At the intersection of I‑74 and N. Prospect Avenue
(816) 412-7400 Call to check price and availability
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