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Freestanding Flex Building
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1202 N Prospect Ave, Champaign, IL 61820

Showroom, warehouse, storage, and support areas combine in a versatile commercial building with access from two avenues.

Property Size3,772 SF
Lot Size0.26 Acres
Days on Market143

Property Features for 1202 N Prospect Ave

General Information

Standard status Active
Size 3,772 SF
Lot size 0.26 Acres
Property subtype Retail

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 11.8 ft
Drive-In Doors 1
Three-Phase Power Yes
Sprinkler System Yes
Conditioned Warehouse No

Building Details

Buildings 1
Building Size 3,772 SF
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Josh Markiewicz · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This freestanding flex property includes approximately 3,772 SF of building area on an approximately 11,287 SF lot. The interior combines a retail showroom with two restrooms, a breakroom/backroom, storage, and two warehouse sections. Ceiling heights in the warehouse areas range from 10 feet to 11 feet 10 inches. An exterior overhead door on the east side measures 9 feet wide by 7 feet high. Warehouse space is heated, while the balance of the building has heating and cooling. Additional features include a sprinkler system and 3 phase delta high leg power.

The property occupies the northeast corner of Prospect Avenue and Bradley Avenue at a lighted intersection, with entry available from both streets. Prospect Avenue provides access toward Interstate 74 and the North Prospect retail corridor. Nearby businesses include Car-X, Domino’s, Captain D’s, Dunkin Donuts, Jiffy Lube, Walgreens, and Home Depot. The building was previously used as a gas station from approximately the late 1950s through the 1970s.

Key Highlights

  • Approximately 3,772 SF freestanding building on an approximately 11,287 SF lot
  • Retail showroom plus two warehouse sections, storage, breakroom/backroom, and two restrooms
  • Warehouse ceiling heights range from 10' to 11'-10"

Property Analytics

Current Use

Big Apple Tobacco ... (Bike/Boat/Book/etc) Store Midwest Title Loans Loan Service SABORicua Restaurant

Suggested Use

Top Pick Dental Office Hair Salon Nail Salon Electrical Service Furniture & Home Goods HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

696
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61820, IL

40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Showroom, warehouse, storage, and support areas combine in a versatile commercial building with access from two avenues.
Where is this flex space located?
The property is located at 1202 N Prospect Ave Champaign, IL.
What are key features of this property?
This property features: Approximately 3,772 SF freestanding building on an approximately 11,287 SF lot; Retail showroom plus two warehouse sections, storage, breakroom/backroom, and two restrooms; Warehouse ceiling heights range from 10' to 11'-10"
(217) 403-3424 Call to check price and availability
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