105 E Armory Ave
Champaign, IL 61820
UNIVERSITY OF ILLINOIS CAMPUSTOWN DEVELOPMENT · Specialty Property For Sale · 15,965 SF

PROPERTY DESCRIPTION Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale 105 East Armory Avenue, Champaign, Illinois. 105 E Armory is located in a highly desirable area on the University of Illinois at Urbana-Champaign campus (47,826 students and 10,845 faculty & staff) and was most recently occupied by the Delta Sigma Phi fraternity. The property was built in 1929 and is 15,965 SF on a 13,378 SF corner lot (96' x 138'). The building is currently configured with 27 units and has the capacity for 39. This is an incredible redevelopment opportunity and benefits from MFUniv zoning, which allows for a 75' heigh limit, minimal setbacks, no floor area ration (FAR), no open space reserves (OSR), and no parking requirements. LOCATION DESCRIPTION The property is extremely well situated just south of Green Street and east of First Street, and is 0.5 miles from the Main Quad and 0.5 miles from the South Quad. 105 E Armory is also strategically located immediately north of the University of Illinois Activities and Recreation Center (ARC), Ikenberry Commons, Memorial Stadium (60,670 capacity) and the State Farm Center (15,500 capacity). Neighboring properties include a great mix of student apartments, student residence halls, fraternity and sorority houses, and University of Illinois owned facilities including many academic buildings.