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    702 W Killarney St Urbana, IL 61801

    For Lease
    $10 SF/Yr ($3,237 /Mo)

    Multi-tenant flex building with 14.5' clear heights.

    Property size:
    3,700 SF
    Lot size:
    4.06 Acres

    Property Features for 702 W Killarney St

    General Information

    Size
    3,700 SF
    Lot size
    4.06 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent AJ Thoma III

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flex Space in Lincoln Commerce

    The property at 702-732 W. Killarney St., also known as Lincoln Commerce Center, was constructed in 1986. This multi-tenant flex building has a total area of 47,700 square feet and contains six tenant spaces. The available space is 3,700 square feet. The building is fully sprinkled and features clear heights of 14.5 feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C.V. Lloyde Audiovisual Equipment Rental Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2168497
    Latitude
    40.1333665

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    FAQs

    What type of property is this?
    Flex space - Multi-tenant flex building with 14.5' clear heights.
    Where is this flex space located?
    The property is located at 702 W Killarney St Urbana, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Multi-tenant flex building; - Total building size: 47,700 SF; - Clear heights of 14.5’
    (217) 520-3299
    Request Owner's contact information
    702 W Killarney St Urbana, IL 61801
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    702 W Killarney St Urbana, IL 61801
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