7 E University Ave

For Lease 1,960 SF

7 E University Ave, Champaign, IL 61820

Prominently located in the heart of Downtown Champaign, 9 E University Avenue offers two distinct commercial spaces available for lease within a character-rich historic building. Suite 101 | 1,960 SF | $15.00/SF NNN Suite 101 includes 1,135 SF of street-level space plus 825 SF of lower-level space. A dedicated street-level entrance opens into a spacious main-floor area featuring exposed brick, hardwood floors and a private restroom. The lower level provides additional open space, a second restroom, kitchenette and storage, offering flexibility for a variety of commercial uses. Suite 201 | 1,423 SF + 893 SF Bonus Mezzanine | $9.00/SF NNN Suite 201 offers 1,423 SF on the second floor plus an additional 893 SF bonus mezzanine. The distinctive upper-level layout features a spacious open main area, full restroom and kitchen, with multiple mezzanine loft areas overlooking the main space. Exposed brick walls, hardwood floors and distinctive finishes provide architectural character throughout, making the suite well suited for creative, office, studio or other commercial uses.

Rental Details

  • Number of spaces 1
  • Total square feet available 1,960 SF
  • For Lease $9.00 - $15.00/SF/YR
  • Space Type Retail
  • Lease Type NNN
  • Latest Update Aug 17, 2026
Want more info on this listing?

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

1 Space Available

Space Available

Space Type
Retail
Lease Rate
$9.00 - $15.00/SF/YR
Total Space
1,960 SF
Lease Type
NNN

Contacts

Joshua Markiewicz

Coldwell Banker Commercial Devonshire Realty

Building Details

  • For Lease $9.00 - $15.00/SF/YR
  • Property Type Retail
  • Additional Rent Price on request
  • Year Built 1915
  • Date Updated Aug 17, 2026

Location

  • City Champaign, IL
  • Neighborhood Downtown Champaign
  • Zip Code 61820
  • Walk score 95/100 Walker's Paradise
  • Transit score 60/100 Good Transit
  • Bike score 85/100 Very Bikeable
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Points of Interest

Champaign-Urbana

0.11 miles

Circle K

0.49 miles

ChargePoint

0.99 miles

QuikTrip

1.11 miles

Shell

1.23 miles

Mobil

1.35 miles

Tesla Supercharger

2.26 miles

Main and Market

0.16 miles

North First Street Lot

0.23 miles

Walnut and Washington

0.24 miles

Laura Apartments Parking

0.36 miles

Whitehall Apartments Garage

0.38 miles

Parkette 151

0.60 miles

Parkette 154

0.67 miles

Campus Center

0.73 miles

Outpatient Dialysis Visitor Parking

0.75 miles

A21

0.81 miles

AM-KO Oriental Foods and Gifts

0.37 miles

County Market

0.53 miles

Far East Grocery

0.58 miles

World Harvest Foods

0.66 miles

Target

0.80 miles

Asian Supermarket

1.19 miles

TJ Maxx

1.49 miles

Kohl's

1.55 miles

Gordmans

1.66 miles

World Harvest

1.70 miles

Listing Summary

  • The Price for Retail Space at 7 E University 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. When it comes to 7 E University Ave, asking rent starts at $$9.00/SF/YR per square foot.

    7 E University Ave is located in the Downtown Champaign neighborhood, which is home to a total of 2 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 7 E University Ave

    The property exclusively contains Retail space totaling 1,960 square feet. The leasing opportunity here is available under NNN lease terms.

    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 7 E University 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 Downtown Champaign Neighborhood

    7 E University Ave is located in the Downtown Champaign neighborhood of Champaign. The Downtown Champaign retail market offers 2 retail listing(s), representing a total of 38,545 square feet of retail space for lease.

    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 Downtown Champaign resident is 22 years old, and the median household income here is $27,539 per year.

Contact Joshua Markiewicz
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