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302-310 S 1st St, Champaign, IL

High-end office space between Campustown and Downtown Champaign.

Space Size3,579 SF
Lot Size0.87 Acres
Days on Market611

Property Features for 302-310 S 1st St

General Information

Standard status Active
Size 3,579 SF
Lot size 0.87 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 302-310 S 1st St
302 - 310 S 1st St $18/SF/Yr
Size 3,579 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Gateway between Campustown and Downtown Champaign - High-End Construction - Fantastic Setting Adjacent to Boneyard 2nd Street Basin - Ample Parking Options
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Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Josh Markiewicz
Source: Moodyscre
Added: Feb 18, 2025 Changed: Oct 10 Last Checked: Oct 20 at 11:22PM

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

Rey
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Investment Insights

Based on property information with market context.

This office space, encompassing 3,579 square feet, is situated between Campustown and Downtown Champaign. The property features high-end construction and is located adjacent to the Boneyard 2nd Street Basin. Ample parking options are available.

Key Highlights

  • Gateway location between Campustown and Downtown Champaign
  • High‑End Construction
  • Fantastic Setting Adjacent to Boneyard 2nd Street Basin

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

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

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,277
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

$33.36 /SF/Yr
Avg Asking Price
$13–$200 /SF/Yr
Price Range
10,035 SF
Avg Space Size

This space is priced 46% below the average of $33.36 /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

Frequently Asked Questions

What type of property is this?
Office unit - High-end office space between Campustown and Downtown Champaign.
Where is this office unit located?
The property is located at 302-310 S 1st St Champaign, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Gateway location between Campustown and Downtown Champaign; High‑End Construction; Fantastic Setting Adjacent to Boneyard 2nd Street Basin
(217) 403-3424 Call to check price and availability
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