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Mixed-Use Office and Retail Building
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1904 S 1st St, Champaign, IL 61820

Three-story, multi-tenant office and retail building with a shared lobby, kitchen, and conference room.

Space Size3,326 SF - 4,989 SF
Property Size60,600 SF
Days on Market144

Property Features for 1904 S 1st St

General Information

Standard status Active
Size 3,326 SF - 4,989 SF
Total Parking Spaces 153
Property subtype Office
Lease Type NNN

Amenities

shared kitchen
conference room
walking paths
dock
landscaped green space

Building Details

Building Size 60,600 SF
Year Built 2017
Stories 3
Tenancy Multiple

Spaces For Lease

at 1904 S 1st St Contact us

Suite 101

Size
4,420 SF
Availability
Active
Contact us

Suite 301

Size
4,989 SF
Availability
Active
Contact us

Suite 306

Size
3,326 SF
Availability
Active
Contact us

Suites 105-107

Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: AJ Thoma III, CCIM, SIOR · License #IL475.135026
Source: Crexi
Added: Apr 16 Changed: Sep 5 Last Checked: Sep 5 at 12:55PM

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.

This three-story, multi-tenant mixed-use commercial building includes both office and retail space, totaling 60,600 square feet. The property features a professionally designed, welcoming lobby with a shared kitchen and conference room, supporting day-to-day collaboration for multiple tenants.

The building is prominently positioned along S. First Street within the University of Illinois Research Park, offering visibility in the campus research setting. The property also includes a pond-front environment with walking paths, a dock overlooking the water, and landscaped green space.

Conveniently within the Research Park area, the building provides access to nearby amenities, including Houlihan’s Restaurant and the I Hotel & Illinois Conference Center, along with State Farm Center and Memorial Stadium. The Research Park is described as home to more than 120 companies and approximately 2,000 professionals in high-technology fields, with additional student interns working within the Park.

Key Highlights

  • 2017‑built, 60,600‑SF three‑story mixed‑use office and retail building in a multi‑tenant setup
  • Shared lobby amenities include a shared kitchen and shared conference room
  • Pond‑front setting with walking paths, a dock overlooking the water, and landscaped green space

Property Analytics

Current Use

Granular (Bike/Boat/Book/etc) Store Bayer Agricultural Service Mixed Use Building Academic Department Caterpillar, Inc. Champaign ... University Electric Power Engineers Engineering Consultant

Suggested Use

Top Pick Auto Parts Store Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Furniture & Home Goods

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

930
Businesses Nearby

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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-story, multi-tenant office and retail building with a shared lobby, kitchen, and conference room.
Where is this office building located?
The property is located at 1904 S 1st St Champaign, IL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 2017‑built, 60,600‑SF three‑story mixed‑use office and retail building in a multi‑tenant setup; Shared lobby amenities include a shared kitchen and shared conference room; Pond‑front setting with walking paths, a dock overlooking the water, and landscaped green space
(217) 403-3425 Call to check price and availability
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