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    202 W Park Ave Champaign, IL 61820

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    For Lease
    $16 SF/Yr ($9,916 /Mo)

    Retail space for rent in downtown Champaign with parking.

    Property size:
    7,212 SF
    Lot size:
    0.56 Acres

    Property Features for 202 W Park Ave

    General Information

    Size
    7,212 SF
    Lot size
    0.56 Acres

    Source: Green Street Realty - Corporate Agent Shannon Collins

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

    Overview

    Downtown Champaign Retail Space Available

    Located in the heart of downtown Champaign, this retail space offers a maximum of 7,212 rentable square feet and a minimum of 989 rentable square feet. The property features 24-hour access and a remote entry security system. Tenant parking is available for rent, and free client parking is provided.
    Insight Report Location Intelligence

    Current Use by Public Records

    Valerie S. Ellington, ... Social Worker Watt Denise Counselor Johanna H. Willemse, ... Counselor Publow Keri J Counselor Hendricks Kacey Counselor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.246216
    Latitude
    40.117592

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    FAQs

    What type of property is this?
    Retail space - Retail space for rent in downtown Champaign with parking.
    Where is this retail space located?
    The property is located at 202 W Park Ave Champaign, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Great location in heart of downtown Champaign; - 24 hour access; - Tenant parking available for rent, free client parking
    (217) 356-8750
    Request Owner's contact information
    202 W Park Ave 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
    202 W Park Ave Champaign, IL 61820
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