Office Units with
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41 E University Avenue, Champaign, IL 61820
Commercial Lease, Champaign, IL
Space SizeContact for details
Property Size3,400 SF
Days on Market814
Property Features for 41 E University Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
COMMR
Directions
University Ave, SE corner of University and Market St.
Subdivision
Champaign, Savoy
Standard status
Active
Taxes and HOA fees
Tax Description
LOT 12 BLOCK 10 RAILROAD ADD
Legal Description
LOT 12 BLOCK 10 RAILROAD ADD
Utilities
Cooling system
Central Air
Amenities
walk-in vault
public rest rooms
Building Details
Year built
1913
Floors in Building
3
Number of units
1
Flooring type
Carpet
Listing Agency:
WARD & ASSOCIATES
(217) 355-1000
Listed By:
Debby Auble · License #471013006
(217) 355-1000
Added: Jun 10, 2024
Changed: Aug 19
Last Checked: Sep 1 at 8:06PM
MLS# 12079876
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Investment Insights
Based on property information with market context.
This approximately 3,400-square-foot office property includes a reception area, 7 offices, a walk-in vault, 3 entrances, an elevator, and public restrooms. Carpet flooring and central air are in place, while the layout can be subdivided for separate office configurations. The space was previously used for law, real estate, and therapist offices and carries COMMR zoning.
The property is across the street from Illinois Terminal, which serves inter-city bus and rail passengers and connects with local mass transit. Public parking is available across the street, with private lease parking also offered. Downtown Champaign provides restaurants, microbreweries, pubs, cultural venues, arts destinations, mixed-use properties, and multifamily development. The University of Illinois is also accessible from the property.
The property is across the street from Illinois Terminal, which serves inter-city bus and rail passengers and connects with local mass transit. Public parking is available across the street, with private lease parking also offered. Downtown Champaign provides restaurants, microbreweries, pubs, cultural venues, arts destinations, mixed-use properties, and multifamily development. The University of Illinois is also accessible from the property.
Key Highlights
- Approximately 3,400 SF of office space
- 7 offices with reception area and walk‑in vault
- 3 entrances plus elevator access
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,846
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office layout with reception, private rooms, multiple entrances, elevator access, and central air.
Where is this office units located?
The property is located at 41 E University Avenue Champaign, IL.
What are key features of this property?
This property features: Approximately 3,400 SF of office space; 7 offices with reception area and walk‑in vault; 3 entrances plus elevator access
