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    Champaign, IL Restaurants for Sale

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    Versatile Multi-Tenant Investment Opportunity
    $3,000,000
    0.21 Acres

    Versatile Multi-Tenant Investment Opportunity

    505 E University Ave, Champaign, IL 61820

    3,600 SF multi-tenant building in Champaign, Illinois for sale.

    • Prime location on high‑traffic University Avenue with excellent visibility.
    • Diverse tenant mix appealing to a broad customer base.
    • Ample on‑site parking for tenants and customers.
    • Close proximity to the University of Illinois campus and major medical centers.
    • CG - Commercial General zoning supports a wide range of commercial uses.
    Updated: Jul 30, 2025
    View details
    Champaign Retail Center: Prime Location
    $3,100,000
    9,020 SF

    Champaign Retail Center: Prime Location

    409 Town Center Blvd, Champaign, IL 61822

    High-yield retail investment, NNN lease.

    • $3,100,000 asking price for a 9,020 square foot retail property.
    • NNN lease, multi‑tenant, with a remaining lease term of 3 years.
    • 6.00% cap rate, 5.81% pro‑forma cap rate, and a current occupancy of 25%.
    • Located at 409 W Town Center Blvd, Champaign, IL 61822, on a 0.79‑acre lot (APN: 41‑20‑01‑126‑047).
    • New construction (2022) with four inline units, two with drive‑thrus, in a CG (Commercial General) zoned area.
    Updated: Dec 11, 2024
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    New Construction NNN Ground Lease
    $1,538,462
    510 SF

    New Construction NNN Ground Lease

    New 2024 construction with a long-term 15-year ground lease.

    1703 W Springfield Ave, Champaign, IL 61821
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    Champaign Freestanding Building with Drive-Thru
    Contact for pricing
    5,200 SF

    Champaign Freestanding Building with Drive-Thru

    5,200 SF building with drive-thru on 1.52 acres.

    1905 N Neil St, Champaign, IL 61820
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    Versatile Multi-Tenant Building For Sale
    $3,000,000
    3 SF

    Versatile Multi-Tenant Building For Sale

    3,600 SF multi-tenant building with diverse tenant mix.

    505-507 E University Ave, Champaign, IL 61820
    View details
    Based on your search, we've compiled 107 Potential Opportunities for your consideration. Besides 5 Active listings in Champaign, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 98 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Dutch Bros Drive-Thru
    Contact for pricing
    1,043 SF

    New Dutch Bros Drive-Thru

    Brand new Dutch Bros with drive-thru near University of Illinois.

    809 W Green St, Urbana, IL 61801
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    Downtown Urbana Commercial Building For Sale
    $515,000
    0.06 Acres

    Downtown Urbana Commercial Building For Sale

    Two-story brick building with first-floor restaurant in downtown Urbana.

    114 S Race St, Urbana, IL 61801
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    Camargo Commercial Property - $255,000
    $255,000
    4,193 SF

    Camargo Commercial Property - $255,000

    Mixed-use building, high potential.

    1500 Us-36, Camargo, IL 61919
    View details
    Commercial Property on US 36
    $199,900
    1.68 Acres

    Commercial Property on US 36

    Located on US 36, great potential for various businesses.

    1500 E Us Highway 36, Camargo, IL 61919
    View details

    Explore Off-Market Properties in Champaign, IL

    Consider similar Off-Market properties in Champaign, 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.

    1906 Bradley Ave

    1906 Bradley Ave

    Restaurants • 6,895 SF
    Value Estimation by Request
    1906 Bradley Ave, Champaign, IL 61821
    View details
    205 Neil St

    205 Neil St

    Restaurants • 4,655 SF
    Value Estimation by Request
    205 Neil St, Champaign, IL 61820
    View details
    2510 Village Green Pl

    2510 Village Green Pl

    Restaurants
    Value Estimation by Request
    2510 Village Green Pl, Champaign, IL 61822
    View details
    1611 Springfield Ave

    1611 Springfield Ave

    RESTAURANT • 0.79 Acres
    Value Estimation
    $455,000
    1611 Springfield Ave, Champaign, IL 61821-3013
    View details
    1 Main St, Unit 102

    1 Main St, Unit 102

    RESTAURANT
    Value Estimation by Request
    1 Main St, Champaign, IL 61820-3654
    View details
    1 Main St

    1 Main St

    RESTAURANT
    Value Estimation by Request
    1 Main St, Champaign, IL 61820-3654
    View details
    1605 Neil St

    1605 Neil St

    RESTAURANT
    Value Estimation by Request
    1605 Neil St, Champaign, IL 61820-7250
    View details
    2301 Prospect Ave

    2301 Prospect Ave

    DRIVE-THRU RESTAURANT, FAST FOOD • 5,199 SF
    Value Estimation
    $3,005,000
    2301 Prospect Ave, Champaign, IL 61822-1246
    View details
    2121 Prospect Ave

    2121 Prospect Ave

    RESTAURANT
    Value Estimation by Request
    2121 Prospect Ave, Champaign, IL 61822-1238
    View details
    403 Mattis Ave

    403 Mattis Ave

    RESTAURANT • 2.38 Acres
    Value Estimation
    $400,000
    403 Mattis Ave, Champaign, IL 61821-3633
    View details
    2909 Kirby Ave

    2909 Kirby Ave

    DRIVE-THRU RESTAURANT, FAST FOOD
    Value Estimation by Request
    2909 Kirby Ave, Champaign, IL 61821-5301
    View details
    704 5th St

    704 5th St

    BAR, TAVERN
    Value Estimation by Request
    704 5th St, Champaign, IL 61820
    View details
    1910 Springfield Ave

    1910 Springfield Ave

    DRIVE-THRU RESTAURANT, FAST FOOD
    Value Estimation by Request
    1910 Springfield Ave, Champaign, IL 61821-3008
    View details
    401 Kirby Ave

    401 Kirby Ave

    RESTAURANT • 0.36 Acres
    Value Estimation by Request
    401 Kirby Ave, Champaign, IL 61820-7209
    View details
    2561 Springfield Ave

    2561 Springfield Ave

    RESTAURANT
    Value Estimation by Request
    2561 Springfield Ave, Champaign, IL 61821-2809
    View details
    1312 Church St

    1312 Church St

    BAR, TAVERN
    Value Estimation by Request
    1312 Church St, Champaign, IL 61821-2654
    View details
    1905 Neil St

    1905 Neil St

    RESTAURANT
    Value Estimation by Request
    1905 Neil St, Champaign, IL 61820-7820
    View details
    501 Grn St

    501 Grn St

    RESTAURANT
    Value Estimation
    $3,360,000
    501 Grn St, Champaign, IL 61820-5719
    View details
    103 Kirby Ave

    103 Kirby Ave

    RESTAURANT
    Value Estimation by Request
    103 Kirby Ave, Champaign, IL 61820-7204
    View details

    Champaign, IL Restaurants Investment Opportunities Market Analysis

    Explore 103 restaurants for sale in Champaign, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 974,001 square feet of properties for sale, with an estimated market value of $20,190,000.

    Prices for restaurant properties in Champaign, IL start at $270,000, averaging $917,727, and reaching up to $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Most Searched ZIP Codes in Champaign, IL

    • 61820
    • 61822
    • 61821

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