- For Sale Contact for pricing
- Property Type Multi-Family
- Units 504
- Lot Size 20.58 Acre
- # of Floors 3
- Parking Spaces Avail. 649
- Year Built 1968
- Date Updated May 15, 2026
Description
Liquidation sale: All 504 units are 100% vacant
- 93.6% Average Occupancy in Champaign: Very stable market with increasing demand
- Excellent Long-Term Outlook: Net migration, income growth, & great employment base
- Close to Major Employers: University of Illinois Urbana-Champaign, University of Illinois Research Park, & large hospitals
- Offering Summary
Colliers and RI Marketplace are pleased to present Champaign Park Apartments, 504 units located less than 10 minutes from Parkland College, Kraft Heinz, University of Illinois Urbana-Champaign and near several distinct demand generators, including Campustown, the commercial center for student life. The University itself reached a record 60,848 students in fall 2025, which is a huge stabilizer for apartment demand, retail traffic, workforce housing, small office users, and service businesses. The University of Illinois Research Park adds another layer of demand beyond traditional student housing.
New ownership will leverage excellent multifamily fundamentals in Champaign including strong demand (93.6% average occupancy), positive net migration, accelerating rent growth, and close proximity to University of Illinois Urbana-Champaign and the University of Illinois Research Park to time value-add improvements perfectly and quickly push top-line revenue.
Auctioneer: Scott Bowers c/o Fisher Auction Company Inc. License: 040000273. Starting Bid: $2,000,000
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Contacts
RealINSIGHT Marketplace
Location
Located at 2106 White Street West, Champaign, IL 61821, this property is part of the Mattis Commercial Park neighborhood and Chicago market.
RealINSIGHT Marketplace
