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About the Listing 95182 - 950368
Historic Illinois Traction Building in the heart of Downtown Champaign offers high visibility and high traffic count. Built in 1913, the building was designed by architect Joseph Royer in the Contemporary Commercial Style featuring large windows on all sides allowing for natural light and city views! The building originally housed the railway's offices and served as the Champaign interurban station until 1936. It later housed the offices of the Illinois Power Company, which descended from the Illinois Traction System. The building was added to the National Register of Historic Places in 2006. This property is a rare offering for a stand alone building with its perfect blend of retail, residential, and office space plus off street parking. The West side has outdoor paved space currently being utilized for off street parking however with its in-place access to the 1st floor of the building this space could be transformed into outdoor patio and/or dining areas. With the high traffic of University Avenue an outdoor patio/dining space can show off your business and increase customer awareness. Across Market street to the east is the Illinois Terminal hub which is a consolidated terminal hosting a major transfer point for local mass transit service, inter-city bus service, and Amtrak passenger service. This location also provides easy access to the University of Illinois with over 55,000 students. Downtown Champaign offers a variety of sought out restaurants, microbreweries, and pubs plus a vibrant cultural and arts scene. Throughout Downtown you will find mixed use properties and multi-family developments creating a significant residential population that combines with a strong daytime employment creating a strong customer and client base for any business.
Listing Highlights for 41 E. University Ave
Status
Active
Days on Site
278
Property Type
Commercial Sale
MLS ®
12212107
Year Built
1913
Total Square Footage
22,052
Lot/Acreage
0.29
County
Champaign
Area
Champaign, Savoy
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air
- Heating: Central Heat/Indiv Controls,Forced Air,Gas
- Fireplaces:
- Floor: Carpet,Concrete,Tile,Varies,Vinyl,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 80 X 157 X 76 X 131
- Zoning: COMMR
- Roof: Membrane,Rubber
- Others:
- Sewer:
- Parking Features: 6-12 Spaces,Common Parking,Lighted,Open,Paved,Private Lot,Parking On-Site
Financial Details
- Tax Amount: $33,098
- Taxes w/Assessments: N/A
- Tax/Property ID: 422012479002
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
41 E. University Ave Champaign, IL 61820
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