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    901 W University Ave Urbana, IL 61801

    For Lease
    $16 SF/Yr ($14,456 /Mo)

    Office suite featuring private offices, conference room, and restrooms.

    Property size:
    10,842 SF
    Lot size:
    0.41 Acres

    Property Features for 901 W University Ave

    General Information

    Size
    10,842 SF
    Lot size
    0.41 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent Josh Markiewicz

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

    Overview

    Third Floor Office Suite

    Located on the third floor, Suite 301 offers approximately 4,379 square feet of usable space. With an additional 806 square feet allocated for common areas, the total rentable area amounts to 5,185 square feet. The suite is designed with a reception area, 12 private offices, a large conference room, a kitchen, a file room, and a storage closet. Separate men’s and women’s restrooms are also included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    UIUC Conference Services Conference Center Einstein Bros. Bagels Bagel Shop Carle Pulmonary Rehabilitation Rehabilitation Center Lincoln University Holdings University

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage 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
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.1962349
    Latitude
    40.1153859

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    FAQs

    What type of property is this?
    Office space - Office suite featuring private offices, conference room, and restrooms.
    Where is this office space located?
    The property is located at 901 W University Ave Urbana, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - +/- 4,379 SF of Large Usable Space; - 12 Private Offices - Ideal for Teams; - Spacious Conference Room for presentations
    (217) 352-7712
    Request Owner's contact information
    901 W University Ave Urbana, IL 61801
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    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
    901 W University Ave Urbana, IL 61801
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