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112 University Avenue

Champaign, IL 61820
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About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Lease
Year built1940
Lot size
Annual tax$11,416
CountyChampaign
MLS #MRD12582282
Days on market55

Features

Cooling
Central Individual
Listed by
GUTH & ASSOCIATES,LLC
Jill Guth · 217-778-8305

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/26/2026, 8:51:12 AM. All data should be independently verified.

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