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    307 S Locust St Champaign, IL 61820

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    For Lease
    $9 SF/Yr ($2,850 /Mo)

    3,600 SF flex space with showroom and warehouse.

    Property size:
    3,600 SF
    Lot size:
    0.08 Acres

    Property Features for 307 S Locust St

    General Information

    Size
    3,600 SF
    Lot size
    0.08 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

    Versatile Flex Space For Lease

    The property at 307 S Locust Street offers approximately 3,600 square feet of versatile space suitable for a variety of uses. It features a bright front showroom measuring approximately 41 feet by 17 feet 7 inches, equipped with large windows and heating and cooling. Behind the showroom is a spacious, heated production area suitable for manufacturing, assembly, or other operational needs. Additional amenities include a kitchenette and a single restroom. The property also includes an approximately 650-square-foot warehouse with a 9-foot 9-inch wide by 12-foot 4-inch high overhead door for convenient loading and unloading. There is a significant amount of second-floor storage space, which is not included in the rentable square footage or tenant charges.
    Insight Report Location Intelligence

    Current Use by Public Records

    Techline Furniture Furniture Store

    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.

    Similar Places Nearby

    Dish Passionate Cuisine, FigurA.T.E. Catering Jus Flava by ChefDt, Ms. Toni's Catering, Illini Kosher cafe, Michaels' Catering LLC

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.239922
    Latitude
    40.113747

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    FAQs

    What type of property is this?
    Flex space - 3,600 SF flex space with showroom and warehouse.
    Where is this flex space located?
    The property is located at 307 S Locust St Champaign, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Approximately 3,600 sq ft of versatile space suitable for various uses.; - Bright, heated and cooled front showroom (approx. 41' x 17'-7") with large windows.; - Heated production area suitable for manufacturing or assembly.
    (217) 352-7712
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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
    307 S Locust St Champaign, IL 61820
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