71 E University Ave - Flex FOR SALE


Champaign, IL 61820- Midtown Champaign
$650,000 USD
312-337-1001
71 E University Ave, Champaign, IL for Sale
$650,000 USD
Flex - FOR SALE
1/3
null | Request Cap Rate

Jan '26


71 E University Ave
Champaign, IL 61820
Midtown Champaign


HIGHLIGHTS

  • Premier University Location
  • High Visibility Corridor
  • Compact Building Footprint
  • Attractive Entry Basis
  • Established Retail Trade Area
  • Redevelopment Flexibility

OVERVIEW

Prime redevelopment or owner-user opportunity located one block from the University of Illinois Urbana-Champaign. High-visibility site with substantial foot traffic and direct access to the campus and downtown corridor. Surrounded by national retailers including Walgreens, Chase, Subway, Jimmy John’s, OSF Healthcare, and County Market, supporting year-round demand for food, service, housing, and mixed-use concepts. Strong nearby demographics and more than 56,000 students, faculty, and staff drive consistent activity. A compact 4,530 SF building and an attractive price point create a compelling value-add opportunity for developers and users.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

71 E University Ave

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.69

LAND SF

30,056

ZONING

C

APN/PARCEL ID

42-20-12-490-003

ASK ABOUT THIS PROPERTY

Troy BatesMatanky Realty GroupMore Info
312-337-1001

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Troy BatesMatanky Realty GroupMore Info
312-337-1001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.