Search
Downtown Champaign Retail/Office Space
For Lease
Contact for pricing

105 S Walnut Street, Champaign, IL 61820

COMMERCIAL - Champaign, IL

Days on Market395

Property Features for 105 S Walnut Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions Located in the historic Atkinson Building just south of intersection of University Avenue and Walnut.
Subdivision Champaign, Savoy
Standard status Active

Taxes and HOA fees

Tax Description LOT PT 3 BLOCK 9 RAILROAD ADD AND OTHER LAND
Legal Description LOT PT 3 BLOCK 9 RAILROAD ADD AND OTHER LAND

Utilities

Cooling system Central Air

Building Details

Year built 1910
Floors in Building 2
Listing Agency: Green Street Realty
Listed By: Shannon Collins · License #ILLINOIS475.178418
Added: Jul 3, 2025 Changed: May 13 Last Checked: Aug 1 at 9:06AM
MLS# 12410322

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Commercial space is available for lease in downtown Champaign. This first-floor unit, suitable for office or retail use, benefits from high foot and drive-by traffic, enhanced by large storefront windows. The space offers 1,261 square feet with tall ceilings and an open layout, ready for customization. Currently, bathrooms are located on the second floor in the commercial space above. The seller is open to negotiating the installation of a first-floor ADA-compliant bathroom within the space.

Key Highlights

  • High foot and drive‑by traffic in downtown Champaign.
  • 1,261 SF of open space ready for custom layout.
  • Large storefront windows.

Property Analytics

Current Use

Ten Thousand Villages (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Electrical Service Grocery & Convenience Store Storage Facility Furniture & Home Goods Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby

Demographics for 61820, IL

40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value

Market

Lease Benchmarks for Champaign, IL

$15.82 /SF/Yr
Avg Asking Price
$8.75–$20 /SF/Yr
Price Range
9,221 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - First floor commercial space in downtown Champaign for lease.
Where is this office units located?
The property is located at 105 S Walnut Street Champaign, IL.
What are key features of this property?
This property features: High foot and drive‑by traffic in downtown Champaign.; 1,261 SF of open space ready for custom layout.; Large storefront windows.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message