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For Sale

112 W Hill St

112 W Hill St, Champaign, IL 61820

Excellent investment opportunity in downtown Champaign, located across from the Hill Street Parking Deck and just steps away from downtown restaurants and night-life. This historic turn of the century, architecturally significant Richardsonian building features residential multi-family and commercial tenant spaces. The building, once owned by Senator McKinley, began life as The Women's Town Club hotel, and now is home to Buzard Pipe Organ Builders, LLC. There are currently 6 unique luxury 2-bedroom residential apartments ranging from 980 to 1400 sqft which are 100% leased. The commercial space is currently occupied by the owner/business. Updates include zoned HVAC, 800 Amp electrical service, all new plumbing, 2 elevators (1 recently added freight and 1 historic passenger), new roof, thermopane windows, brick tuck-pointing, restored vintage and reproduction light fixtures, doors and windows, preserved tile flooring and original woodworking throughout. The entire building is fire-protected by a sprinkler system, and the ceiling separating the commercial space from the residential apartments above has a 2-hour fire rating. The first and second floor commercial space could be leased as a whole or split into multiple spaces. The existing apartments on the 3rd and 4th floors have room for significant monthly rent increases, and additional residential units could be added. They have cherry cabinets and high-end finishes, with some including tin ceilings and 100+-year-old pine floors. New windows were recently installed, and each unit features a washer and dryer. Unit 302 is multi-story in design, with the second bedroom accessible via a spiral staircase. The commercial space features a three story tall back loft which was opened from the first floor to the top of the 3rd floor. This building has endless opportunities including a potential event center space with ample parking in the parking deck. Because this building has been labeled a Historic Landmark, both federal and state historical tax credits are available for future renovation and construction expenses. Contact the listing agent for additional details on the potential hundreds of thousands of dollars (up to 45% of your improvements costs) available depending upon the project scope.
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Contacts

broker
JEREMY BRANDOW

Coldwell Banker Real Estate Group

Building Details

  • For Sale $2,875,000
  • Property Type Retail
  • Lot Size 9,955 SF
  • # of Floors 4
  • Date Updated May 17, 2026

Getting Around

  • Walk Score ®

    Walker's Paradise (94)
  • Transit Score ®

    Good Transit (58)
  • Bike Score ®

    Very Bikeable (82)
Powered by Walk Score ®

Location

  • City Champaign, IL
  • Neighborhood Downtown Champaign
  • Zip Code 61820
  • Map
  • Street

Points of Interest

QuikTrip

0.87 miles

Shell

1.03 miles

ChargePoint

1.07 miles

Mobil

1.14 miles

Phillips 66

1.23 miles

Tesla Supercharger

2.03 miles

Main and Market

0.20 miles

North First Street Lot

0.28 miles

Laura Apartments Parking

0.49 miles

Whitehall Apartments Garage

0.49 miles

Outpatient Dialysis Visitor Parking

0.81 miles

Parkette 151

0.83 miles

Campus Center

0.90 miles

Parkette 154

0.91 miles

A21

0.94 miles

Far East Grocery

0.68 miles

County Market

0.70 miles

World Harvest Foods

0.75 miles

Target

0.98 miles

Asian Supermarket

0.99 miles

TJ Maxx

1.26 miles

Kohl's

1.32 miles

Gordmans

1.44 miles

Macy's

1.49 miles

112 W Hill St Listing Summary

  • What is the asking price at 112 W Hill St?

    112 W Hill St is currently listed for sale at Contact for pricing.

  • What is the total size of 112 W Hill St?

    112 W Hill St has a total of 18,576 square feet.

Contact Listing Broker
broker
JEREMY BRANDOW

Coldwell Banker Real Estate Group

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