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    1605 S State St Champaign, IL 61820

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    For Lease
    $16 SF/Yr ($3,550 /Mo)

    Grade A office space in prime Champaign location.

    Property size:
    2,663 SF
    Lot size:
    0.52 Acres

    Property Features for 1605 S State St

    General Information

    Size
    2,663 SF
    Lot size
    0.52 Acres

    Source: SVN | Ramshaw Real Estate, Inc. Agent Jordan Dunahee

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

    Overview

    Champaign Office Space For Rent

    This property offers 2,663 square feet of office space. It is located at 1605 S State St in Champaign, IL. The property is classified as Grade A office space and benefits from ample parking around the office complex. The property is available for rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Treven Lewis, Bankers ... Insurance Agency Gilman John Insurance Agency Securities America Financial Planner Nakisha Williams, Bankers ... Insurance Agency Cassidy Ewers, Bankers ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.246715
    Latitude
    40.098058

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    FAQs

    What type of property is this?
    Office space - Grade A office space in prime Champaign location.
    Where is this office space located?
    The property is located at 1605 S State St Champaign, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Prime location; - Grade A office space; - Ample parking
    (309) 846-8941
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    1605 S State St Champaign, IL 61820
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    Champaign, IL 61820
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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
    1605 S State St Champaign, IL 61820
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