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    4808 N Cunningham Ave Urbana, IL 61802

    For Lease
    $5 SF/Yr ($18,150 /Mo)

    Commercial Lease - Urbana, IL

    Lot size:
    1.00 Acre
    Days on Market:
    60
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 4808 N Cunningham Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    Lot size
    1.00 Acre

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Number of units
    1
    Architectural style
    Other

    Green Street Realty (217) 356-8750 [email protected]

    Listing agent Shannon Collins (217) 356-8750 License #475178418

    Listing date Oct 7, 2025

    MLS# 12412656 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Urbana Commercial Facility For Lease

    This 16,000 SF commercial facility is available for lease. The property is a well-maintained commercial space conveniently located just north of I-74 on Route 45. The property includes approximately 15,000 SF of concrete warehouse space with 20-foot ceilings and 800 SF of office space. The office area features four newly painted private offices, a reception area, and two restrooms. The office area includes central AC and a furnace, while the warehouse is heated. The building offers four 16-foot overhead doors and generous gated gravel parking. Signage is permitted for added business visibility. The property operates on well and septic, so the tenant will not incur a water bill. The property is ideal for businesses needing flexible commercial space with excellent accessibility and functionality. The landlord is willing to demise the warehouse space for the right tenant. The warehouse could be 3 separate spaces, all with overhead doors. The property is zoned COMMR and sits on a 1-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GFL-Area Disposal Urbana Garbage Collection Service

    Suggested Use

    Building Supply Gym & Fitness Veterinary Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Own Your Own Storage, A To Z Storage

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.1810516
    Latitude
    40.1670582

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    FAQs

    What type of property is this?
    Warehouse - 16,000 SF commercial facility with warehouse and office space.
    Where is this warehouse located?
    The property is located at 4808 N Cunningham Ave Urbana, IL.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - 16,000 SF commercial facility featuring 15,000 SF of warehouse space and 800 SF of office space.; - Conveniently located just north of I-74 on Route 45.; - Benefit from **four 16-foot overhead doors** and generous gated gravel parking.
    (217) 356-8750
    Request Owner's contact information
    4808 N Cunningham Ave Urbana, IL 61802
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    Urbana, IL 61802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4808 N Cunningham Ave Urbana, IL 61802
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