608 E University, Champaign, IL

Retail for Lease - $16 SqFt/Year - 21,108 SqFt Available


Agent Info

AJ Thoma III, CCIM, SIOR
Coldwell Banker Commercial Devonshire Realty

Property Info

CIMLS#491340
Location
  608 E University
  Champaign IL 61822
UpdatedJune 30th, 2026
TypeRetail
Price$16 SqFt/Year
Building21,108 SqFt

Property Description

Latitude is a premier Class A mixed-use development strategically located at the gateway to the University of Illinois campus and Downtown Champaign. Spanning two city blocks, the development features approximately 21,100 square feet of ground-floor retail, restaurant, and commercial space beneath 324 luxury apartment units totaling 519 beds, creating a built-in customer base providing retailers with a built-in residential customer base from day one..

The West Building is fully leased, leaving one remaining opportunity in the East Building consisting of 1,929 square feet. Delivered in grey shell condition, the space includes a generous tenant improvement allowance of $50 per usable square foot, allowing tenants to customize the space to meet their operational needs.

Designed to accommodate a variety of retail, restaurant, service, or boutique office users, the suite features expansive storefront glazing, excellent visibility along East University Avenue, high-speed fiber internet, and the opportunity for outdoor patio seating. Convenient customer parking is available immediately north of the building, complemented by on-street metered parking and strong pedestrian activity generated by the surrounding residential density and University of Illinois campus.

Latitude offers a rare opportunity to establish a presence within one of Champaign’s most dynamic mixed-use developments, serving students, professionals, hospital employees, university faculty, nearby residents, and visitors alike.



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