• 60 Units / 239 Beds: Student housing community less than one mile from the University of Illinois Urbana-Champaign.
• 94% Occupancy: Established operating base with average in-place rents of approximately $507 per bed.
• Private Bathrooms Throughout: Fully furnished three- and four-bedroom residences with a bathroom for every bedroom.
• Distinctive Amenity Package: Skylit interior atrium, indoor pool, hot tub, sauna, fitness center, game room and business center.
• Competitive Rent Positioning: Pro forma rents of $550 per bed remain below the surveyed N Lincoln Avenue four-bedroom average of $590.
• Defined Improvement Strategy: Modeled $2,500-per-unit interior capital program, complemented by rent growth and operational efficiencies.
• University Demand Driver: UIUC enrollment of 61,060 students for Fall 2026, as reported in the offering memorandum.

The Atrium

Triad Real Estate Partners is pleased to present The Atrium, a 60-unit, 239-bed student housing community located less than one mile from the University of Illinois Urbana-Champaign in Urbana, Illinois. Situated on approximately three acres along N Lincoln Avenue, the property contains 80,682 rentable square feet within a three-story building constructed in 1982.

The Atrium offers fully furnished residences with a private bathroom for every bedroom, including 59 four-bedroom, four-bath apartments and one three-bedroom, three-bath apartment. A signature skylit interior atrium anchors the community’s amenity package, which includes an indoor pool, hot tub, sauna, fitness center, game room and business center. Residents also benefit from surface parking, on-site laundry and campus shuttle access.

With reported occupancy of 94% and average in-place rents of approximately $507 per bed, The Atrium offers an established operating base with potential for continued rent growth and operational improvements. The offering’s $550-per-bed pro forma rent remains below the $590 average four-bedroom rent of the surveyed N Lincoln Avenue competitive set. The business plan includes a modeled $2,500-per-unit interior capital program.

University of Illinois Urbana-Champaign

The University of Illinois Urbana-Champaign anchors the Champaign-Urbana student housing market. The offering memorandum reports record Fall 2026 enrollment of 61,060 students, including 9,332 first-time freshmen. Total enrollment has increased by more than 9,000 students since 2019, supporting demand for off-campus housing.

he Atrium is located less than one mile north of campus along N Lincoln Avenue in Urbana, with campus shuttle access and convenient connections to Downtown Urbana, everyday retail and Interstate 74. The surrounding economy is anchored by education, healthcare, research and technology. The offering memorandum reports Champaign-Urbana student housing occupancy of 95.5%, compared with a 10-year average of 91.4%.