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71 E University Ave 71 E University Ave 4,530 SF 100% Leased Flex Building Champaign, IL 61820 $895,252 CAD ($197.63 CAD/SF)
INVESTMENT HIGHLIGHTS
- Premier University Location
- Compact Building Footprint
- Established Retail Trade Area
- High Visibility Corridor
- Attractive Entry Basis
- Redevelopment Flexibility
EXECUTIVE SUMMARY
Prime redevelopment or owner-user opportunity located one block from the University of Illinois Urbana-Champaign. High-visibility site with substantial foot traffic and direct access to the campus and downtown corridor. Surrounded by national retailers including Walgreens, Chase, Subway, Jimmy John’s, OSF Healthcare, and County Market, supporting year-round demand for food, service, housing, and mixed-use concepts. Strong nearby demographics and more than 56,000 students, faculty, and staff drive consistent activity. A compact 4,530 SF building and an attractive price point create a compelling value-add opportunity for developers and users.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $895,252 CAD | Rentable Building Area | 4,530 SF |
| Price Per SF | $197.63 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1950 |
| Property Type | Flex | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 0.69 AC | ||
| Zoning | C | ||
| Price | $895,252 CAD |
| Price Per SF | $197.63 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Lot Size | 0.69 AC |
| Rentable Building Area | 4,530 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | C |
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Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 42-20-12-490-003 | Total Assessment | $80,736 CAD (2024) |
| Land Assessment | $16,382 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $64,355 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
42-20-12-490-003
Land Assessment
$16,382 CAD (2024)
Improvements Assessment
$64,355 CAD (2024)
Total Assessment
$80,736 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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71 E University Ave | 71 E University Ave
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