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For Lease

1502 North Prospect Avenue

1502 N Prospect Ave, Champaign, IL 61820

2,600

SF Available

Freestanding restaurant with drive-thru

Located at the highly trafficked intersection of

Prospect Avenue (20,800 VPD) & Bloomington Road (13,300 VPD)

Existing restaurant FF&E available

Pole sign available

Ample parking.

Rental Details

  • Number of spaces 1
  • Total square feet available 2,600 SF
  • For Lease Contact for pricing
  • Space Types Restaurant
  • Date Updated May 5, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 1 Space Available

Full Building

  • Space Type Restaurant
  • Lease Rate Contact for pricing
  • Total Space Available 2,600 SF
  • Divisible Space 2,600 - 2,600 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No

Freestanding restaurant with drive-thru 2,600 SF on 0.48 Acre

Prospect Avenue (20,800 VPD) & Bloomington Road (13,300 VPD)

Existing restaurant FF&E available

Pole sign available

  • Drive-Thru Yes
  • Signage Yes
broker
Ashley Krekovich

Pace Properties

Contacts

broker
Ashley Krekovich

Pace Properties

Building Details

  • For Lease Contact for pricing
  • Property Type Retail
  • Property Size 2,600 SF
  • Lot Size 0.48 Acre
  • Date Updated May 5, 2026

Getting Around

  • Walk Score ®

    Somewhat Walkable (66)
  • Transit Score ®

    Some Transit (39)
  • Bike Score ®

    Bikeable (58)
Powered by Walk Score ®

Location

  • City Champaign, IL
  • Neighborhood Sherwood Terrace
  • Zip Code 61820
  • Market St Louis

Points of Interest

Mobil

0.07 miles

Circle K

0.07 miles

Phillips 66

0.16 miles

Sam's Club

0.58 miles

QuikTrip

0.69 miles

Meijer

0.84 miles

Costco Gasoline

0.91 miles

Marathon

1.03 miles

Tesla Supercharger

1.05 miles

Walnut and Washington

1.16 miles

Main and Market

1.27 miles

Whitehall Apartments Garage

1.27 miles

Laura Apartments Parking

1.29 miles

North First Street Lot

1.34 miles

Outpatient Dialysis Visitor Parking

1.79 miles

Parkette 151

1.88 miles

Parkette 154

1.95 miles

Campus Center

1.97 miles

Burlington

0.63 miles

Ross

0.74 miles

Target

0.74 miles

Gordon Food Service

0.88 miles

TJ Maxx

0.95 miles

Ruler Foods

0.96 miles

Meijer

0.99 miles

Kohl's

0.99 miles

Macy's

0.99 miles

1502 N Prospect Ave Listing Summary

  • The Price for Retail Space at 1502 N Prospect Ave

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    1502 N Prospect Ave is located in the Sherwood Terrace neighborhood, which is home to a total of 1 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 1502 N Prospect Ave

    The property exclusively contains Restaurant space totaling 2,600 square feet.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 1502 N Prospect Ave, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

  • Get to Know the Retail Scene in the Sherwood Terrace Neighborhood

    1502 N Prospect Ave is located in the Sherwood Terrace neighborhood of Champaign. The Sherwood Terrace retail market offers 1 retail listing(s), representing a total of 2,600 square feet of retail space for lease.

    The most common retail type in the Sherwood Terrace neighborhood is Restaurant, of which the market currently offers 1 space(s).

    When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Sherwood Terrace resident is 22 years old, and the median household income here is $27,539 per year.

Contact Listing Broker
broker
Ashley Krekovich

Pace Properties

  1. 1Main information
  2. 2Extra information
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