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Office Units with Elevator Access
For Lease
$16.50 SF/Yr

201 N Randolph Street, Champaign, IL 61820

Multi-suite office accommodation with secure after-hours entry, shared support areas, and a central downtown setting.

Space Size5,708 SF
Days on Market198

Property Features for 201 N Randolph Street

General Information

Standard status Active
Size 5,708 SF
Elevators Yes
Zoning COMMR

Space & Availability

Contiguous Space 5,708 SF
Divisible Yes
Space Use Office

Amenities

common break room
two separate bathrooms
common storage closet
separate entrance
24-hour access
remote entry security system
downtown views

Building Details

Year Built 1971
Stories 2
Units 4
Construction brick
Listing Agency: Green Street Realty
Listed By: Shannon Collins · License #ILLINOIS475.178418
Source: Allinonerealestateco
Added: Feb 2 Changed: Aug 19 Last Checked: Aug 19 at 2:45PM

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

Investment Insights

Based on property information with market context.

Office accommodation is available within a brick commercial building constructed in 1971. The space can be configured as three separate suites and includes a shared break room, two bathrooms, a storage closet, and elevator service. A separate entrance supports 24-hour access through a remote-entry security system.

The property is located in downtown Champaign between Neil and State Street, above Hickory Point Bank and within walking distance of West Side Park. Zoning is designated COMMR, and the office benefits from downtown views and an established central business setting.

Key Highlights

  • Three office suites available within the property
  • Elevator access, common break room, two bathrooms, and shared storage closet
  • Separate entrance provides 24‑hour access with remote‑entry security

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

NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

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

This space is priced 63% below the average of $44.14 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Multi-suite office accommodation with secure after-hours entry, shared support areas, and a central downtown setting.
Where is this office units located?
The property is located at 201 N Randolph Street Champaign, IL.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Three office suites available within the property; Elevator access, common break room, two bathrooms, and shared storage closet; Separate entrance provides 24‑hour access with remote‑entry security
More about this property
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