Multi-Tenant Flex Lab
For Lease
$19 SF/Yr
2111 S Oak St, Champaign, IL 61820
Flex lab and office suites feature drive-in overhead doors, shared kitchen and break space, and 24/7 secure access.
Space Size9,761 SF
Days on Market32
Property Features for 2111 S Oak St
General Information
Standard status
Active
Size
9,761 SF
Property subtype
Office
Additional Details
Drive-In Doors
2
Building Details
Year Built
2006
Tenancy
Multi
Spaces For Lease
at 2111 S Oak St Contact us- Size
- 9,761 SF
- Type
- Office
- Lease Type
- NNN
- Sublease
- No
- Build Type
- Full build out
Space Available $19/SF/Yr
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 352-7712
Listed By:
AJ Thoma III
Source:
Commercialcafe
Added: Jul 20
Changed: Aug 14
Last Checked: Aug 18 at 8:53AM
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.
Tech Fab Development Center I (TDFC I) is a 20,000 SF multi-tenant laboratory, R&D, and office facility designed for users needing both office and light industrial capabilities. The true flex environment includes drive-in overhead doors for shipping and receiving, along with shared amenities such as a kitchen and break area. Suites are designed to support wet and dry lab use, with flexible configuration for high-tech development, light assembly, and small-scale production, including the ability to accommodate specialized equipment requirements. Custom build-outs are available for suitable spaces, with precast construction throughout.
The property is positioned near the EnterpriseWorks Incubator at the University of Illinois Research Park, providing access to the broader innovation ecosystem. The facility offers ample on-site parking with 24/7 access, including during UIUC football and basketball game days, and key card badge access after hours. ADA-compliant restrooms are also available, and the building provides exterior signage opportunities. Suite 106 is listed as available (9,761 USF) and includes two shared drive-in overhead doors, with aluminum mullion/glass exterior windows and doors and access to UC2B fiber.
The property is positioned near the EnterpriseWorks Incubator at the University of Illinois Research Park, providing access to the broader innovation ecosystem. The facility offers ample on-site parking with 24/7 access, including during UIUC football and basketball game days, and key card badge access after hours. ADA-compliant restrooms are also available, and the building provides exterior signage opportunities. Suite 106 is listed as available (9,761 USF) and includes two shared drive-in overhead doors, with aluminum mullion/glass exterior windows and doors and access to UC2B fiber.
Key Highlights
- 2006‑built 20,000 SF flex lab, R&D, and office multi‑tenant development at 2111 S. Oak Street
- Suite 106 available at 9,761 USF with office and light industrial capability in a true flex environment
- Drive‑in overhead doors for shipping and receiving, plus a shared common area kitchen and break room
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Champaign, IL
$13.47 /SF/Yr
Avg Asking Price
$8.75–$19 /SF/Yr
Price Range
11,039 SF
Avg Space Size
This space is priced 41% above the average of $13.47 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex lab and office suites feature drive-in overhead doors, shared kitchen and break space, and 24/7 secure access.
Where is this flex space located?
The property is located at 2111 S Oak St Champaign, IL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 2006‑built 20,000 SF flex lab, R&D, and office multi‑tenant development at 2111 S. Oak Street; Suite 106 available at 9,761 USF with office and light industrial capability in a true flex environment; Drive‑in overhead doors for shipping and receiving, plus a shared common area kitchen and break room
