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Active - Mixed Use for sale

Champaign, IL

Facts & features

Mixed Use Property type
702 days on Beycome
1913 Year built
12,560 sqft Lot size

Why you’ll love it

Historic Illinois Traction Building in the heart of Downtown Champaign offers high visibility and high traffic count. Built in 1913, the building was designed by architect Joseph Royer in the Contemporary Commercial Style featuring large windows on all sides allowing for natural light and city views! The building originally housed the railway's offices and served as the Champaign interurban station until 1936. It later housed the offices of the Illinois Power Company, which descended from the Illinois Traction System. The building was added to the National Register of Historic Places in 2006. This property is a rare offering for a stand alone building with its perfect blend of retail, residential, and office space plus off street parking. The West side has outdoor paved space currently being utilized for off street parking however with its in-place access to the 1st floor of the building this space could be transformed into outdoor patio and/or dining areas. With the high traffic of University Avenue an outdoor patio/dining space can show off your business and increase customer awareness. Across Market street to the east is the Illinois Terminal hub which is a consolidated terminal hosting a major transfer point for local mass transit service, inter-city bus service, and Amtrak passenger service. This location also provides easy access to the University of Illinois with over 55,000 students. Downtown Champaign offers a variety of sought out restaurants, microbreweries, and pubs plus a vibrant cultural and arts scene. Throughout Downtown you will find mixed use properties and multi-family developments creating a significant residential population that combines with a strong daytime employment creating a strong customer and client base for any business.

Translating description...

Listings courtesy of WARD & ASSOCIATES as distributed by MLS GRID.

Listed by: Debby Auble • WARD & ASSOCIATES

Co-listed by: WARD & ASSOCIATES

Source: MRED as distributed by MLS GRID, MLS#: 12212107 MRED as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 11:26 AM EST.

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Affordability

$2,505,000$5,200,000
1%20%
0%90%
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Estimated monthly payment

$22,396/mo

  • Mortgage$19,468
  • Property tax$2,929
  • HOA fee
  • Homeowners insurance
Due at closing$3,060,750
Down payment held in escrow$770,000
Closing costs$57,750
beycome credit Est.$77,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Champaign

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 14, 2026 at 11:26am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$3,850,000 Listed price

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$77,000 Credit back

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