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Remodeled Office Suites For Lease
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201 W Springfield Ave, Champaign, IL 61820

Recently remodeled office suites available near University of Illinois campus.

Space Size530 SF - 1,060 SF
Property Size76,000 SF
Days on Market2960

Property Features for 201 W Springfield Ave

General Information

Standard status Active
Size 530 SF - 1,060 SF
Class B
Property subtype Office
Lease Type Gross

Building Details

Building Size 76,000 SF
Tenancy Multiple

Spaces For Lease

at 201 W Springfield Ave Contact us

Suite 503

Size
530 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us

Suite 908

Size
530 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us

Suites 504-505

Size
1,060 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Zach Wetherell · License #IL
Source: Crexi
Added: Aug 1, 2018 Changed: Sep 4 Last Checked: Sep 6 at 5:44PM

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.

Suites ranging from 530 SF to 2,120 SF are available for lease in a recently remodeled high-rise office building. Current availabilities include: 530 SF suites for lease at $883/month/gross. Specifically, Suite 501 and Suite 503 each offer 530 SF. Suite 504-507 provides 2,120 SF, and Suite 909 features 795 SF. Suite 1008, offering 530 SF, will be available April 1st 2026. The property is located at the southwest corner of the intersection of Springfield Ave and Randolph St, blocks from the University of Illinois campus and downtown Champaign.

Key Highlights

  • Variety of suite sizes available, from 530 SF to 2,120 SF
  • Recently remodeled high‑rise office building
  • Suites available for lease starting at $883/month/gross (for 530 SF)

Property Analytics

Current Use

Vorborg Studios LLC Recording Studio Symbolic Sound Corporation Film Production Coldwell Banker Commercial ... Real Estate Agency Kunas Robert a DDS Dental Office Practical Technology Services, ... Tech Support Center

Suggested Use

Top Pick Auto Parts Store Storage Facility Big Box & Wholesale Store Electrical Service Grocery & Convenience Store Building Supply

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

2,643
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

$34.85 /SF/Yr
Avg Asking Price
$13–$200 /SF/Yr
Price Range
6,017 SF
Avg Space Size

This space is priced 43% below the average of $34.85 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Recently remodeled office suites available near University of Illinois campus.
Where is this office units located?
The property is located at 201 W Springfield 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: Variety of suite sizes available, from 530 SF to 2,120 SF; Recently remodeled high‑rise office building; Suites available for lease starting at $883/month/gross (for 530 SF)
(217) 352-7712 Call to check price and availability
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