Downtown Office Suite with
For Lease
$17 SF/Yr
41 E University Ave Unit 3, Champaign, IL 61820
Multi-office suite with a reception area, elevator access, and subdivision flexibility.
Space Size3,400 SF
Days on Market9
Property Features for 41 E University Ave Unit 3
General Information
Standard status
Active
Size
3,400 SF
Elevators
Yes
Space & Availability
Contiguous Space
3,400 SF
Divisible
Yes
Private Offices
7
Additional Details
Public Transit
Yes
Amenities
walk-in vault
elevator
public restrooms
private lease parking
Building Details
Year Built
1913
Listing Agency:
WARD & ASSOCIATES
Listed By:
Debby Auble · License #471013006
(217) 355-1000
Source:
Amyboston.realtopiare
Added: Sep 16
Changed: Sep 17
Last Checked: Sep 24 at 2:37PM
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.
This office suite offers approximately 3400 s.f. with a reception area, 7 offices, a walk-in vault, and 3 entrances. The building also provides elevator service and public rest rooms, while the layout can be divided for separate users. Prior office configurations have included law, real estate, and therapist practices.
The property is in Downtown Champaign, across the street from Illinois Terminal, a 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. Downtown amenities include restaurants, microbreweries, pubs, cultural venues, and arts destinations. The University of Illinois is readily accessible and has over 55,000 students.
The property is in Downtown Champaign, across the street from Illinois Terminal, a 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. Downtown amenities include restaurants, microbreweries, pubs, cultural venues, and arts destinations. The University of Illinois is readily accessible and has over 55,000 students.
Key Highlights
- Approximately 3400 s.f. of office space
- 7 offices with a reception area and walk‑in vault
- 3 entrances plus elevator service and public rest rooms
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,846
Businesses Nearby
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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
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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 49% below the average of $33.36 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Multi-office suite with a reception area, elevator access, and subdivision flexibility.
Where is this office units located?
The property is located at 41 E University Ave Unit 3 Champaign, IL.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Approximately 3400 s.f. of office space; 7 offices with a reception area and walk‑in vault; 3 entrances plus elevator service and public rest rooms
