Champaign County, IL Mixed-use Properties for Sale

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Updated: Aug 3

Three-Unit Mixed-Use Building

9 E University Ave, Champaign, IL 61820

$499,900

3,797 sqft

Three‑unit mixed‑use property in Downtown Champaign
Main commercial area extends across two levels with a finished basement
Exposed brick, hardwood flooring, and perimeter track lighting
Upper loft includes a kitchen, updated bathroom, and floating steel staircase
Separate first‑floor 1 bedroom studio space

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This listing looks promising.

Here's a quick look at some key insights for

9 E University Ave, Champaign, IL 61820

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Est. Cap Rate

7.7%
Above avg (5.9%)
Est. NOI

$39K
Annual
Mortgage

$296K
Oct 2016
Last Sold

Oct 2016
$350K

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Updated: Jun 29

Assembled Mixed-Use Development Site

507 Springfield Avenue, Urbana, IL 61801

$550,000

0.54 AC lot

0.54‑acre assemblage combining 510 W Elm Street and 507 W Springfield Avenue
0.41‑acre on‑grade parking lot zoned Mixed Office Residential (MOR)
0.13‑acre parcel with an approximately 2,000‑square‑foot office building
507 W Springfield Avenue is zoned B‑2 Neighborhood Business‑Arterial District
Downtown Urbana location minutes from the University of Illinois campus

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Gated Mixed-Use Property

3612 W Bloomington Road, Champaign, IL 61822

$1,250,000

9.88 AC lot

Fully leased commercial improvements include separate operating units, extensive parking, outdoor storage area, and an updated residence.

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Two-Story Mixed-Use Building

320 N Neil Street, Champaign, IL 61820

$1,250,000

0.08 AC lot

Brick commercial property combines a configured bar venue with a leased residential apartment and separate building systems.

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NNN Commercial Property with Residence

3612 W Bloomington Rd, Champaign, IL 61822

$1,250,000

10,440 sqft 10.00 AC lot

Gated commercial compound with leased improvements, a separate residence, outdoor storage area, and room for future expansion.

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Mixed-Use Property with Shop Area

507 Crystal Lake Drive, Urbana, IL 61802

$139,900

0.32 AC lot

Existing improvements combine an apartment with a dedicated shop area.

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Historic Downtown Mixed-Use Building

41 E. University Avenue, Champaign, IL 61820

$3,850,000

0.29 AC lot

Standalone property combining office, retail, and residential space with paved off-street parking.

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Historic Mixed-Use Office and Retail Building

41 E. University Avenue, Champaign, IL 61820

$3,850,000

22,052 sqft

Built in 1913, this historic downtown building combines retail, office, and residential space with off-street parking.

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Renovated Mixed-Use Building with Retail

218 W Main Street, Urbana, IL 61801

$995,000

7,750 sqft

Historic Stephen's Building offers two leased ground-floor retail spaces and four fully renovated apartments.

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Versatile Commercial Space in Philo

204 Monroe Street, Philo, IL 61864

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41,247 sqft

Functional commercial space with flexible layout and desirable features.

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Restaurant and Residential Building

10 E CHESTER ST, Champaign, IL 61820

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7,000 sqft

Two-level property combines an established restaurant with a large two-bedroom residential unit.

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Mixed-Use Property with Storefronts

122-124 E Sangamon Avenue, Rantoul, IL 61866

$130,000

Two separately entered commercial spaces occupy the main level, with potential for studio apartments above one unit.

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Mixed-Use Property with Showroom

225 S Meyers St, Rantoul, IL 61866

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16,000 sqft

C-2 General zoning, hard-surfaced parking, offices, and loading access support a versatile commercial layout.

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Mixed-Use Property with Shop Area

507 Crystal Lake Drive, Urbana, IL 61802

$139,900

MULTI-zoned parcel includes an apartment and a separate shop area.

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Mixed-Use Commercial Office Building

1410 North Neil St, Champaign, IL 61820

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3,279 sqft

Two-story commercial office building with separate HVAC by floor and dedicated electric services, plus garage with separate meter.

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Mixed-Use Property with Historic Details

107 N Kentucky Ave, Rantoul, IL 61866

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Former train station features include ticket windows, benches, and built-in cabinetry.

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Corner Mixed-Use Property

1002 W University Ave, Urbana, IL 61801

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The property sits near the University of Illinois campus and Carle Hospital.

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Mixed-Use Property with Parking

715 S. Neil St, Champaign, IL 61820

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1.20 AC lot

Retail, office, and residential components occupy a multi-parcel commercial property with dedicated parking and garage space.

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Mixed-Use Property with Two Buildings

1552 E Grove Avenue, Rantoul, IL 61866

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Two existing structures provide a starting point for storage, redevelopment, or other commercial applications.

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Mixed-Use Portfolio with Retail Space

211 W Springfield Ave, Urbana, IL 61801

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Multi-building portfolio combines market-rate apartments with retail space.

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Two-Story Mixed-Use Building

502 North Hickory Street, Champaign, IL 61820

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Brick commercial-residential property with loft living space, exposed structural details, and flexible mixed-use zoning.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Champaign County, IL, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

Off-Market Properties in Champaign County, IL

Consider similar Off-Market properties in Champaign County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

STORES & APARTMENTS

512 John St, Champaign, IL 61820-5704

Value Estimation by Request

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STORES & APARTMENTS

Champaign, IL 61820

$2,345,000

Estimated value

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OFFICE/RESIDENTIAL (MIXED USE)

703 Prospect Ave, Champaign, IL 61820-2812

$255,000

Estimated value

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Champaign County, IL Mixed-Use Properties Market Trends and Statistics

Explore 72 mixed-use properties for sale in Champaign County, IL, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 111,565 square feet of properties for sale, with an estimated market value of $13,904,700.

Sale prices for multi use buildings in Champaign County, IL start at $130,000, averaging $1,264,063, and reaching up to $3,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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