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Downtown Champaign Retail Space Available
For Lease
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202 W Park Ave, Champaign, IL

Retail space for rent in downtown Champaign with parking.

Space Size7,212 SF
Lot Size0.56 Acres
Days on Market546

Property Features for 202 W Park Ave

General Information

Standard status Active
Size 7,212 SF
Lot size 0.56 Acres
Property subtype RETAIL

Spaces For Lease

at 202 W Park Ave Contact us

202 W Park Ave $16.50/SF/Yr

Floor
1
Size
7,212 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- Great location in heart of downtown Champaign - Maximum of 7,212 rentable SF -...
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Listing Agency: Green Street Realty - Corporate
Listed By: Shannon Collins · License #ILLINOIS475.178418
Source: Moodyscre
Added: Feb 11, 2025 Changed: Aug 8 Last Checked: Aug 10 at 11:02AM

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 - Corporate

Investment Insights

Based on property information with market context.

Located in the heart of downtown Champaign, this retail space offers a maximum of 7,212 rentable square feet and a minimum of 989 rentable square feet. The property features 24-hour access and a remote entry security system. Tenant parking is available for rent, and free client parking is provided.

Key Highlights

  • Great location in heart of downtown Champaign
  • 24 hour access
  • Tenant parking available for rent, free client parking

Property Analytics

Current Use

Valerie S. Ellington, ... Foster Care Service Watt Denise Counselor Johanna H. Willemse, ... Counselor Publow Keri J Counselor Hendricks Kacey Counselor

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service Storage Facility Auto Parts Store Pet Grooming Service Nursing Home

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

869
Businesses Nearby

Market

Lease Benchmarks for Champaign, IL

$18.44 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
11,101 SF
Avg Space Size

This space is priced 11% below the average of $18.44 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for rent in downtown Champaign with parking.
Where is this retail space located?
The property is located at 202 W Park Ave 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: Great location in heart of downtown Champaign; 24 hour access; Tenant parking available for rent, free client parking
(217) 356-8750 Call to check price and availability
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