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Downtown Office Units with Elevator
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201 N Randolph Street, Champaign, IL 61820

Commercial Lease, Champaign, IL

Space Size5,708 SF
Days on Market199

Property Features for 201 N Randolph Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions On the corner of N Randolph St and W Park Ave in downtown Champaign.
Subdivision Champaign, Savoy
Standard status Active

Taxes and HOA fees

Tax Description LOTS 10, PT 11, 12 BLOCK 8 FARNHAM, CLARK, AND WHITE'S ADD AND OTHER LAND
Legal Description LOTS 10, PT 11, 12 BLOCK 8 FARNHAM, CLARK, AND WHITE'S ADD AND OTHER LAND

Utilities

Cooling system Central Air

Amenities

break room
bathrooms
storage closet
separate entrance
24-hour access
security system

Building Details

Year built 1971
Floors in Building 2
Number of units 4
Building materials Brick
Listing Agency: Green Street Realty
Listed By: Shannon Collins · License #ILLINOIS475.178418
Added: Feb 2 Changed: Aug 20 Last Checked: Aug 20 at 7:06PM
MLS# 12559169

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Office units occupy the upper level of a brick commercial building at 201 N Randolph Street in downtown Champaign. The property offers 5,708 SF in total, with three available suites that can be leased individually or together. Interior features include a shared break room, two separate bathrooms, a common storage closet, central air, and elevator access. Built in 1971, the property carries COMMR zoning.

A separate entrance provides 24-hour access through a remote-entry security system. The building is positioned between Neil and State Street and is within walking distance of West Side Park. Downtown views and its location above Hickory Point Bank add identifiable context for businesses seeking office space in central Champaign.

Key Highlights

  • 5,708 SF of office space with three available suites
  • Suites may be leased individually or as a full‑floor configuration
  • Shared break room, two bathrooms, and common storage closet

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Electrical Service Hair Salon Storage Facility

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

126
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

Lease Benchmarks for Champaign, IL

$44.14 /SF/Yr
Avg Asking Price
$13–$200 /SF/Yr
Price Range
6,177 SF
Avg Space Size

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 units - Multi-suite office space offers shared amenities, elevator access, and controlled entry around the clock.
Where is this office units located?
The property is located at 201 N Randolph Street Champaign, IL.
What are key features of this property?
This property features: 5,708 SF of office space with three available suites; Suites may be leased individually or as a full‑floor configuration; Shared break room, two bathrooms, and common storage closet
More about this property
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