Champaign, IL Retail Space for Sale

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Updated: Mar 25

Commercial Building with Established Tenants

1205 S Mattis Avenue, Champaign, IL 61821

$850,000

6,200 sqft 0.55 AC lot

Immediate income from three established tenants.
New roof installed in 2025 ($130,000 value) reduces maintenance concerns.
High‑visibility location in a high‑traffic corridor.
Approximately 6,200 square foot commercial building.
Front and rear parking for tenants and visitors.

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This listing looks promising.

Here's a quick look at some key insights for

1205 S Mattis Avenue, Champaign, IL 61821

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Est. Cap Rate

6.2%
Above avg (5.9%)
Est. NOI

$52K
Annual
Mortgage

$77K
Oct 2016

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Updated: Jan 17

Retail Service and Office Building

1207 N Mattis Avenue, Champaign, IL 61821

$299,000

1.15 AC lot

Retail/service/office space located in Champaign at a high‑traffic intersection
Over an acre of land surrounding a 2‑story building

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Retail Storefront with Split Access

816 N Country Fair Drive, Champaign, IL 61821

Contact for pricing

0.92 AC lot

Retail unit features a front entry that opens into two interior doors and offers ample parking.

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Retail Building with Stabilized Tenants

1205 S Mattis Avenue, Champaign, IL 61821

$850,000

6,200 sqft

Approximately 6,200-square-foot retail building for sale with three established tenants and front and rear parking.

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Champaign Retail Opportunity

606 S 6th Street, Champaign, IL 61820

$1,700,000

0.09 AC lot

Retail space for sale in Champaign, Illinois.

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Standalone Bi-Level Retail Facility

6 Convenience Center Road, Champaign, IL 61820

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0.48 AC lot

Standalone bi-level retail facility reconstructed in 2006 with sales level showroom space and a high-ceiling basement for operations.

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1913 Historic Mixed-Use Building

41 E. University Avenue, Champaign, IL 61820

$3,850,000

0.29 AC lot

Built in 1913 with large windows and includes off-street parking plus ground-floor retail alongside office and residential space.

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Retail Building on Springfield Avenue

2206 W Springfield Ave, Champaign, IL 61821

$350,000

3 sqft

3,854 SF retail building available for purchase.

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Freestanding Retail/Office Building for Lease

2103 N Dunlap Ave, Champaign, IL

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3,160 sqft 0.41 AC lot

Freestanding retail/office building in Champaign, subject to Savoy Zoning.

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Retail Investment Opportunity in Champaign

1807 W Bradley Avenue, Champaign, IL 61821

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4,605 sqft

Retail property with high visibility and flexible floor plans.

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Retail Investment Opportunity For Sale

1005 W Bloomington Rd, Champaign, IL 61821

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1 sqft

Fully occupied retail strip center with high traffic visibility.

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Downtown Champaign Commercial Space

114 & 120 S Neil St, Champaign, IL 61820

$1,500,000

Prominent commercial space in Downtown Champaign near popular venues.

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Retail Investment Property

501 E Green Street, Champaign, IL 61820

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33,143 sqft

Retail property offered for sale with stated 5.86% cap rate and 33,143 SF.

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Retail Strip Mall with Drive-Through

409 W Town Center Blvd, Champaign, IL 61822

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9,020 sqft

New construction retail strip mall with four inline units, including two drive-thru suites and 68 on-site parking spaces.

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Retail Building

1006 W Anthony Dr, Champaign, IL 61821

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11,458 sqft

Retail building offered for sale totaling 11,458 SF.

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Retail Space with Drive-Thru

1807-1901 W Bradley Ave, Champaign, IL

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2,200 sqft 1.04 AC lot

Endcap retail unit with drive-thru and on-site parking.

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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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Retail Strip Mall with Drive-Thru

409 W Town Center Blvd, Champaign, IL 61822

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New construction strip mall with four inline units and two drive-thru suites, plus 68 on-site parking spaces.

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Retail Building on Springfield Avenue

2206 W Springfield Ave, Champaign, IL 61821

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3,854 sqft

3,854 SF retail building on Springfield Avenue for sale.

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Downtown Mixed-Use Building

110-120 N Neil St, Champaign, IL 61820

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Mixed-use property with commercial businesses, residential lofts, and an adjacent patio/courtyard lot.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Champaign, IL, we suggest to view alternatives - similar 52 Off-Market properties to explore as potential leads.

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.

RETAIL STORES (PERSONAL SERVICES)

63 Marketview Dr, Champaign, IL 61820-7832

Value Estimation by Request

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RETAIL STORES (PERSONAL SERVICES)

105 John St, Champaign, IL 61820-5215

$3,625,000

Estimated value

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RETAIL STORES (PERSONAL SERVICES)

301 Grn St, Champaign, IL 61820-5608

Value Estimation by Request

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RETAIL STORES (PERSONAL SERVICES)

301 Marketview Dr, Champaign, IL 61822-1200

$930,000

Estimated value

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Champaign, IL Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Champaign, IL, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 83,123 square feet of properties for sale, with an estimated market value of $9,399,000.

Sale prices for retail space in Champaign, IL start at $299,000, averaging $1,342,714, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 96K

Population Growth (5Y) +1.5%

Median Household Income $62,086

College Educated 42.5%

High-Yield Neighborhoods for Investment

Identify Champaign submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
61821	$469.8K
61820	$2.4M

Taxes & Financing

Tax Rate (average for all types) 8.86%

Property Tax per SF $37.00 per SF

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Champaign fall within the 100,000+ square foot range.

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