• 51-Unit Mixed-Use Market Rate Asset in Downtown Champaign
• 100% Occupied Commercial Space
• 1 Mile Away from The University of Illinois
• Across the Street from Proposed 11-Acre Yards Mixed-Use Development
• Offered Free & Clear of Existing Financing

217 South is a 51-Unit mixed-use market rate multi-family asset in downtown Champaign. The property consist of 43,245 rentable square footage, along with 6,501 commercial. 217 South is not only one mile from the University of Illinois, but also directly across the street from the proposed 11-Acre Yards mixed-use development.

This is a rare opportunity to acquire a stabilized mixed-use asset in the heart of downtown Champaign with strong commercial leases already in place. The property is being offered free & clear of existing debt.

Champaign, IL

An unassuming cosmopolitan hub set amongst the prairies and tilled fields of Central Illinois, Champaign is best known for its association with both its sister city, Urbana, and their dual stewardship of the flagship campus of the University of Illinois college system. Champaign is a quintessential college town, seamlessly incorporating the surrounding agricultural economy and culture with the sophistication and liberal mindedness that comes with the presence of a top-tier public university - an aspect which is accentuated by its proximity to large, world-class cities including Chicago, St. Louis, and Indianapolis, all of which are within a three-hour drive.

Champaign County is home to around 210,000 residents and comprises roughly ? of the of the tri-county Champaign-Urbana Metropolitan Statistical Area that also includes Ford and Platt Counties. The City of Champaign has never recorded a decennial population since the first US Census was conducted there in 1860. Champaign’s population increased by 20% between the 2000 and the 2010 Census, growing from 67,158 to 81,055 - which makes it the fourth largest city in Illinois outside of Chicagoland.

Champaign’s diverse economy has attracted many businesses and international investors creating a favorable business climate. The city’s strong and stable economy is built on education, medical, research, technology, and manufacturing. Champaign is home to 53 of the top 100 retailers in the nation including Walmart, Kroger, and Home Depot. Several Fortune 500 companies are also located in the area including KraftHeinz, Intel, and FedEx. With a highly skilled workforce, proximity to major metropolitan areas and other favorable incentives, Champaign is ideal for businesses.