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Active
112 E University AVE Champaign, IL 61820
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Rent
MLS Listing ID 12582282
Year Built 1940
Annual Tax Amount $11,416
Tax Year 2024
Property Sub-Type Retail/Stores
Property Description
This 1,742 SF renovated retail/office space is ideally located in Midtown along University Avenue near First Street, offering easy access to Downtown Champaign and the University of Illinois Urbana-Champaign campus. The space features hardwood floors, original tin ceilings, and a newer storefront with expansive display windows. Currently built out as a barber shop/salon with two sinks, the layout includes one restroom and a private office or treatment room. The fully sprinkled building offers newer mechanical systems and a full basement for storage. Dedicated on-site parking includes two spaces with additional spaces potentially negotiable, plus customer parking is available in the lot immediately west of the building. Located in the revitalizing University Avenue/First Street corridor, the property benefits from increasing business activity. Lease runs through 7/31/2026 with potential for earlier occupancy.
Location
State IL
County Champaign
Area Champaign, Savoy
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Building
Dwelling Type Retail/Stores
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jill Guth of GUTH & ASSOCIATES,LLC