9 E University Avenue Champaign, IL ^$ 499,900

9 E University Avenue

^$ 499,900

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9 E University Avenue

Champaign, IL, 61820

^$ 499,900

Bedrooms-- Baths-- Sq 3,797

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Property for Rent in Champaign, IL

for $499,900. This 3,797 square foot property was built in 1915 on a lot size of 0.03882.

Amazing opportunity in Downtown Champaign with this 3 unit Mixed-use building ready for immediate occupancy. The First floor offers a 2-story retail or office space with exposed brick, hardwood floors, full perimeter track light, multiple bathrooms and interior stairwell connecting to the finished basement level. The 2nd story loft space is also ideal for office, studio or creative space. A full kitchen, updated bathroom, white brick walls and the floating steel staircase highlight the 2nd story space. A 1 bedroom Studio space is also on the 1st floor and is ready for new tenants.

Rental Active

Price

^$ 499,900

Taxes

^$ 4,006

Style

Commercial,Condominium

Lot Size

0.03882

Year Built

1915

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

12615685

Features

General

Cooling Central Air

Possession Closing Immediate

Zoning COMMR

Construction Materials Brick

Year Built 1915

Electric Circuit Breakers Separate Meters

Stories Count 3

Township Champaign

Property Subtype Mixed Use

Tax Year 2025

Current Use Commercial Condominium

Gross Income 51074

County Champaign

Operating Expense 13684

Insurance Expense 4478

Property Type Commercial Sale Mixed Use

Possible Use Commercial Office Retail

Status Active

Directions Located on University Ave. between Neil and Walnut.

City Champaign

Number Of Units Total 3

MLS Area Champaign Savoy

Lot Size Square Feet 1691

Tax Annual Amount 4006

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Lease Type Net

Standard Status Active

Interior

Flooring Carpet Vinyl Wood

Exterior

Foundation Details Brick/Mortar

Building Area Total 3797

Lot Dimensions 22x78x24x70

Frontage Type City Street

* Excluded Features

List By

Champaign County Realty

Broker

jake@ccr-abt.com

Nearby

Trends
Schools

About Champaign, IL

87,135 Population

24% Since 2002

^$43,908 Median Income

28.49 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/29/2026	$499,900	-4.78%	Price Down
7/15/2026	$525,000		Listed Price

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9 E University Avenue, Champaign, IL, 61820 is a Property for Rent at $499,900 with 3,797 sqft and a lot size of 0.03882. 9 E University Avenue was built in 1915. The property's zip code is 61820 which is in Champaign, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Data is updated as of 8/13/2026.

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9 E University Avenue

Property for Rent in Champaign, IL

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