Office Suite with
For Lease
$17.65 SF/Yr
41 E University Avenue #3, Champaign, IL 61820
Flexible office layout includes reception, private rooms, multiple entrances, and elevator access.
Space Size3,400 SF
Days on Market805
Property Features for 41 E University Avenue #3
General Information
Standard status
Active
Size
3,400 SF
Elevators
Yes
Zoning
COMMR
Space & Availability
Contiguous Space
3,400 SF
Divisible
Yes
Space Use
Office
Private Offices
7
Additional Details
Public Transit
Yes
Amenities
public rest rooms
Building Details
Year Built
1913
Stories
3
Units
1
Listing Agency:
WARD & ASSOCIATES
(217) 355-1000
Listed By:
Debby Auble · License #471013006
Source:
Ozmentrealestate
Added: Jun 10, 2024
Changed: Aug 15
Last Checked: Aug 22 at 12:56PM
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 WARD & ASSOCIATES
Investment Insights
Based on property information with market context.
Available for lease, this office suite provides approximately 3,400 square feet with a reception area, seven offices, a walk-in vault, and three separate entrances. The space also includes an elevator and public restrooms, with the ability to subdivide for a range of office configurations. The building dates to 1913 and carries COMMR zoning.
The property is in downtown Champaign, directly across from the Illinois Terminal transportation hub serving inter-city bus, rail passenger, and local mass transit connections. Public parking is available across the street, with private lease parking also offered. The University of Illinois is easily accessible, with enrollment exceeding 55,000 students. Downtown surroundings include restaurants, microbreweries, pubs, cultural venues, mixed-use properties, and multifamily development.
The property is in downtown Champaign, directly across from the Illinois Terminal transportation hub serving inter-city bus, rail passenger, and local mass transit connections. Public parking is available across the street, with private lease parking also offered. The University of Illinois is easily accessible, with enrollment exceeding 55,000 students. Downtown surroundings include restaurants, microbreweries, pubs, cultural venues, mixed-use properties, and multifamily development.
Key Highlights
- Approximately 3,400 SF of office space
- Seven offices plus reception area and walk‑in vault
- Three entrances provide separate access points
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.65 /SF/Yr
CAM
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
$44.14 /SF/Yr
Avg Asking Price
$13–$200 /SF/Yr
Price Range
6,177 SF
Avg Space Size
This space is priced 60% below the average of $44.14 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office layout includes reception, private rooms, multiple entrances, and elevator access.
Where is this office units located?
The property is located at 41 E University Avenue #3 Champaign, IL.
What is the lease rate?
The lease rate is $17.65 SF/Yr.
What are key features of this property?
This property features: Approximately 3,400 SF of office space; Seven offices plus reception area and walk‑in vault; Three entrances provide separate access points
