Office Suite with
For Lease
$17.65 SF/Yr
41 E University Avenue #3, Champaign, IL 61820
Multi-office commercial suite with elevator access and subdivision flexibility.
Space Size3,400 SF
Days on Market812
Property Features for 41 E University Avenue #3
General Information
Standard status
Active
Size
3,400 SF
Elevators
Yes
Zoning
COMMR
Space & Availability
Contiguous Space
3,400 SF
Divisible
Yes
Space Use
Office
Sublease
No
Private Offices
7
Additional Details
Public Transit
Yes
Amenities
public rest rooms
walk-in vault
Building Details
Year Built
1913
Stories
3
Units
1
Listing Agency:
WARD & ASSOCIATES
(217) 355-1000
Listed By:
Debby Auble · License #471013006
Source:
Cavanaghrealty
Added: Jun 10, 2024
Changed: Aug 29
Last Checked: Aug 25 at 7:01AM
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 WARD & ASSOCIATES
Investment Insights
Based on property information with market context.
This office property provides approximately 3400 s.f. arranged with a reception area, 7 private offices, a walk-in vault, public rest rooms, and 3 entrances. An elevator serves the building, and the space can be divided for users seeking a smaller configuration. The layout has supported professional office uses, including law, real estate, and therapist practices.
Located in Downtown Champaign, the property sits across from the Illinois Terminal, a transportation hub serving inter-city bus, rail, and local mass transit connections. Restaurants, microbreweries, pubs, cultural venues, and mixed-use development surround the downtown area. Public parking is available across the street, with private lease parking also offered. The University of Illinois is readily accessible and has over 55,000 students. The property was built in 1913 and is zoned COMMR.
Located in Downtown Champaign, the property sits across from the Illinois Terminal, a transportation hub serving inter-city bus, rail, and local mass transit connections. Restaurants, microbreweries, pubs, cultural venues, and mixed-use development surround the downtown area. Public parking is available across the street, with private lease parking also offered. The University of Illinois is readily accessible and has over 55,000 students. The property was built in 1913 and is zoned COMMR.
Key Highlights
- Approximately 3400 s.f. of office space with reception area and 7 offices
- Walk‑in vault, public rest rooms, elevator, and 3 entrances
- Space can be subdivided for smaller office configurations
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,846
Businesses Nearby
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
$45.26 /SF/Yr
Avg Asking Price
$13–$200 /SF/Yr
Price Range
6,066 SF
Avg Space Size
This space is priced 61% below the average of $45.26 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Multi-office commercial suite with elevator access and subdivision flexibility.
Where is this office units located?
The property is located at 41 E University Avenue #3 Champaign, IL.
What is the lease rate?
The lease rate is $17.65 SF/Yr.
What are key features of this property?
This property features: Approximately 3400 s.f. of office space with reception area and 7 offices; Walk‑in vault, public rest rooms, elevator, and 3 entrances; Space can be subdivided for smaller office configurations
