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Student Housing

University Commons

209 E University Ave, Champaign, IL 61820

Listing Price: $14,500,000

Cap Rate
7.01%
Number of Units
100
GRM
8.21
Occupancy
92.4%
Price/Unit
$145,000
Price/Gross SF
$156.00
Gross SF
92,950

Investment Overview

University Commons features Ninety-Three Apartment Units, Five Retail Spaces, and the Adjacent Duplex for future addition or continue to lease. Units are fully furnished and include 55" TVs. The complex offers covered and uncovered parking spaces, a Gym, Rec Center, and Study Room.
University Commons is located just minutes from Campus, and Downtown Night Life.

Investment Highlights

  • Great access to the University of Illinois and close to downtown Champaign
  • Just a few blocks from Bus Terminal, Engineering Quad, and Downtown Champaign
  • First Floor Retail

Exclusively Listed By

  • Scott D. Harris

    Senior Managing Director Investments

    (630) 570-2220

    Email Scott

    License(s): WI: 15869-90, IN: RB14049474, IL: 475.139778

    Chicago Oak Brook

  • Samuel McCarthy

    Director Investments

    (630) 570-2233

    Email Samuel

    License(s): IL: 475.176464

    Chicago Oak Brook

Student Housing

University Commons

Listing Price: $14,500,000

Cap Rate
7.01%
Number of Units
100
GRM
8.21
Occupancy
92.4%
Price/Unit
$145,000
Price/Gross SF
$156.00
Gross SF
92,950

Investment Highlights

  • Great access to the University of Illinois and close to downtown Champaign
  • Just a few blocks from Bus Terminal, Engineering Quad, and Downtown Champaign
  • First Floor Retail

Investment Overview

University Commons features Ninety-Three Apartment Units, Five Retail Spaces, and the Adjacent Duplex for future addition or continue to lease. Units are fully furnished and include 55" TVs. The complex offers covered and uncovered parking spaces, a Gym, Rec Center, and Study Room. University Commons is located just minutes from Campus, and Downtown Night Life.

Exclusively Listed By

  • Scott D. Harris

    Senior Managing Director Investments

    (630) 570-2220

    Email Scott

    License(s): WI: 15869-90, IN: RB14049474, IL: 475.139778

    Chicago Oak Brook

  • Samuel McCarthy

    Director Investments

    (630) 570-2233

    Email Samuel

    License(s): IL: 475.176464

    Chicago Oak Brook

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