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Divisible Retail Suite
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1413 N Prospect Ave, Champaign, IL 61821

2,553 SF retail space divisible into approximately 1,277 SF suites, offered in vanilla box condition for buildout.

Space Size2,553 SF
Days on Market48

Property Features for 1413 N Prospect Ave

General Information

Standard status Active
Size 2,553 SF
Property subtype RETAIL

Spaces For Lease

at 1413 N Prospect Ave Contact us

1413 N Prospect Ave $20/SF/Yr

Floor
Bldg
Size
2,553 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
-2,553 SF total space - Divisible to approximately 1,277 SF suites - Vanilla box...
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Listing Agency: Green Street Realty - Corporate
Listed By: Shannon Collins · License #ILLINOIS475.178418
Source: Moodyscre
Added: Jul 20 Changed: Aug 24 Last Checked: Sep 4 at 5:12AM

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 Green Street Realty - Corporate

Investment Insights

Based on property information with market context.

Available for lease is a 2,553 SF retail space configured as a flexible vanilla box, ready for tenant buildout. The layout can be divided into approximately 1,277 SF suites, providing options for a smaller footprint within the overall space.

Located at 1413 N Prospect Ave in Champaign, IL, the space benefits from high visibility and strong daily traffic exposure. The property also offers an excellent signage opportunity, with easy access and a convenient setup for retail, restaurant, or office users seeking adaptable space on Prospect Ave.

Key Highlights

  • 2,553 SF retail space available, divisible into approximately 1,277 SF suites
  • Vanilla box condition—ready for buildout
  • Flexible layout suitable for retail, restaurant, or office users

Property Analytics

Current Use

Chelsea's Video Poker ... Gambling House Health In Hand Massage ... Alternative Medicine Practice Dorsey Pam Alternative Medicine Practice Danville Gardens Too Garden Center

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Building Supply Electrical 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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

797
Businesses Nearby

Demographics for 61821, IL

29,057
Population
13,751
Households
2.1
Avg Household Size
36
Median Age
50%
College-Educated
95%
High-School Grad
7.7 sq mi
ZIP Area
3,774
Density / Sq Mi
$69,284
Median Household Income
$40,225
Median Earnings
$1,001
Median Rent
$174,800
Median Home Value

Market

Lease Benchmarks for Champaign, IL

$18.5 /SF/Yr
Avg Asking Price
$15–$23 /SF/Yr
Price Range
9,919 SF
Avg Space Size

This space is priced 8% above the average of $18.5 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 2,553 SF retail space divisible into approximately 1,277 SF suites, offered in vanilla box condition for buildout.
Where is this retail space located?
The property is located at 1413 N Prospect Ave Champaign, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 2,553 SF retail space available, divisible into approximately 1,277 SF suites; Vanilla box condition—ready for buildout; Flexible layout suitable for retail, restaurant, or office users
(217) 356-8750 Call to check price and availability
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