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Multi-Room Retail Space

1803 S Philo Rd., Urbana, IL 61802

For Lease
Contact for pricing

Classroom-scale areas, offices, storage and adaptable work zones shape this space’s interior layout.

Space Size5,793 SF
Days on Market11

Property Features for 1803 S Philo Rd.

General Information

Standard status Active
Size 5,793 SF
Net Rentable 5,793 SF
Property subtype Retail, Office

Space & Availability

Available Space 5,793 SF
Contiguous Space 5,793 SF

Additional Details

Road Access Yes

Amenities

monument sign

Spaces For Lease

at 1803 S Philo Rd.
1803 S Philo Rd. Active
Size 5,793 SF
Contact us
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Zach Wetherell · License #IL
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 4:53PM

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

Rey
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Investment Insights

Based on property information with market context.

At the north end of the building, this 5,793-square-foot space at 1803 S. Philo Rd. has an open reception area, three classroom areas, two offices and a storage room. A separate large open area and four work zones add to the interior configuration. The layout is identified as suitable for daycare or church use.

Parking is available on both the north and south sides of the building. Tenants may also use a monument sign along Philo Road. The property is in southeast Urbana, north of Meijer and on the south side of SunnyCrest Mall, next to a former Walgreens. Nearby anchor tenants include Salt & Light, McDonalds, U-Haul and Meijer.

Key Highlights

  • 5,793 SF of space at the north end of the building
  • Three classroom areas, two offices and a storage room
  • Four work areas offer potential to be enclosed as separate rooms

Property Analytics

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

Current Use

The Well Experience Department Of Social Services

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Law Firm Dental Office

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 49% Dining 46% Electronics 5%
McDonald's Dining
15,593 visits/mo 0.2 miles
Dollar Tree Shops & Services
8,900 visits/mo 0.1 miles
Marathon Shops & Services
6,061 visits/mo 0.2 miles
BP Shops & Services
4,309 visits/mo 0.1 miles
Papa John's Pizza Dining
2,200 visits/mo 0.2 miles

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
View Realmo Analytics

Market

Properties on Market for Retail space in Champaign County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Classroom-scale areas, offices, storage and adaptable work zones shape this space’s interior layout.
Where is this retail space located?
The property is located at 1803 S Philo Rd. Urbana, IL.
What are key features of this property?
This property features: 5,793 SF of space at the north end of the building; Three classroom areas, two offices and a storage room; Four work areas offer potential to be enclosed as separate rooms
(217) 821-8553 Call to check price and availability
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