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Multi-Building Flex Property

1309 E Kerr Avenue, Urbana, IL 61802

For Lease
Contact for pricing

The offering combines heated work areas, separate storage buildings, parking, and fenced land.

Space SizeContact for details
Days on Market116

Property Features for 1309 E Kerr Avenue

General Information

Standard status Active
Lease Term 12 Months

Taxes and HOA fees

Annual Taxes $21,145

Building Details

Year Built 1965
Stories 1
Units 3
Listing Agency: SVN | North Star
Listed By: Debra Mathis
Source: Crossdavidson
Added: Jul 17 Changed: Nov 8 Last Checked: Nov 8 at 8:51AM

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 SVN | North Star

Rey
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Investment Insights

Based on property information with market context.

The property includes several buildings with a mix of office, shop, and storage space. The 3,200-square-foot building at 1309 E. Kerr Avenue has a bathroom, heat, 10-foot ceilings, and a central arch reaching 13 feet. Its west, north, and south garage-door openings have been framed in. An adjacent 32-by-42-foot storage building has a walk-in door and steel racking; it is not heated and has no water. Two additional heated shops include offices and bathrooms: 1401 measures 2,200 square feet, and 1403 measures 2,400 square feet. Both have 16-foot ceilings and 14-foot overhead doors; 1401 also has a south-facing overhead door.

Parking includes a 35-by-300-foot area in front of 1307 and 1309 and a 50-by-120-foot lot across from the building to the north. Approximately 7 acres of fenced land sits behind the property. Water and sanitary facilities are provided, and changes to the buildings may be considered.

Key Highlights

  • 3,200‑square‑foot heated building with 10‑foot ceilings and a central arch rising to 13 feet
  • Adjacent 32‑by‑42‑foot storage building has a walk‑in door and steel racking
  • Heated shops at 1401 and 1403 measure 2,200 and 2,400 square feet, respectively

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mack's Auto Recycling Car Dealership

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Kitchen & Bath Showroom Daycare Center (Bike/Boat/Book/etc) Store Law Firm

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61802, IL

19,460
Population
10,066
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
82.1 sq mi
ZIP Area
237
Density / Sq Mi
$58,588
Median Household Income
$40,600
Median Earnings
$996
Median Rent
$158,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF/Yr for Flex space in Champaign County, IL

$13.48 Jul
$16.34 Aug
$13.13 Sep
$14 Oct

Properties on Market for Flex space in Champaign County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Flex space - The offering combines heated work areas, separate storage buildings, parking, and fenced land.
Where is this flex space located?
The property is located at 1309 E Kerr Avenue Urbana, IL.
What are key features of this property?
This property features: 3,200‑square‑foot heated building with 10‑foot ceilings and a central arch rising to 13 feet; Adjacent 32‑by‑42‑foot storage building has a walk‑in door and steel racking; Heated shops at 1401 and 1403 measure 2,200 and 2,400 square feet, respectively
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