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Downtown Champaign Retail Space Available

202 W Park Ave, Champaign, IL

For Lease
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Retail space for rent in downtown Champaign with parking.

Space Size7,212 SF
Lot Size0.56 Acres
Days on Market637

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
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 - Minimum of 989 rentable SF - Tenant parking available for rent, free client parking - 24 hour access - Remote entry security system in place
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Listing Agency: Green Street Realty - Corporate
Listed By: Shannon Collins · License IL #475178418
Source: Moodyscre
Added: Feb 11, 2025 Changed: Nov 8 Last Checked: Nov 8 at 8:10AM

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

Rey
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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

Who owns this building? See the owner, sales and loan history
Open 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 Auto Parts Store Storage Facility Furniture & Home Goods Pet Grooming Service

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

2,452
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Champaign, IL

$18.8 /SF/Yr
Avg Asking Price
$17–$23 /SF/Yr
Price Range
9,613 SF
Avg Space Size

This space is priced 12% below the average of $18.8 /SF/Yr.

Properties on Market for Retail space in Champaign

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

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) 493-3776 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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