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28881952
28881946

115 S 1st St, Champaign, IL 61820

TC
IL 471.0003588
Matanky Realty Group
Matanky Realty Group
Listed by Matanky Realty Group
$1,800,000
174 days on market
Updated 22 days ago

Manzella's

Details
APN 42-20-12-490-005
Property Type Mixed Use
Sub Type Retail
Square Footage 13,216
Occupancy 100%
Price per SqFt $136
Buildings 1
Stories 1
Zoning C
Investment Type Owner/User

Mixed Use | 13,216 SqFt

Marketing description

Prime mixed-use development opportunity located one block from the University of Illinois Urbana Champaign. This 13,216 SF commercially zoned site sits within a walkable, transit-connected district linking campus, downtown, and nearby residential neighborhoods. Strong year-round demand is driven by more than 56,000 students, faculty, and staff, supported by 146,338 residents and 63,212 households within a 5-mile radius. The property is well positioned for retail, restaurant, housing, or service-oriented redevelopment, reinforced by nearby national operators including Walgreens, Chase, Circle K, Subway, Jimmy John’s, OSF Healthcare, and County Market. High-visibility site with flexible development potential in a dynamic university market. Top potential uses include redevelopment, restaurant, parking, rental, and retail. Current tenants include Manzella and Byers Vacuum. Special Incentives Available (If Signed By: 6/30/26).

Investment highlights

  • Special Incentives Available (If Signed By: 6/30/26).
  • 13,216 SF Commercial Site: Flexible footprint supporting a wide range of development strategies.
  • Premier University Location: One block from the University of Illinois Urbana-Champaign, driving unmatched visibility and built-in demand.
  • Strong Demographics: 146,338 residents, 63,212 households, and an average household income of $82,516 within 5 miles.
  • High Traffic Corridor: 22,050+ VPD along University Avenue.
  • Mixed-Use Development Potential: Ideal for retail, multifamily, student housing, dining, and service concepts.
  • Walkable, Transit-Served District: Located within a dense, pedestrian-oriented area connecting campus and downtown.
  • Established Retail Trade Area: Surrounded by Walgreens, Chase, Subway, Jimmy John’s, Circle K, OSF Healthcare, County Market, and more.

Listing Contacts

TC
IL 471.0003588
Matanky Realty Group
Matanky Realty Group
Listed by Matanky Realty Group

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Additional Information

Name
Terri Cox
License
471.0003588
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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