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Office Suites Near University Campus
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410 E University Ave, Champaign, IL 61820

Office suites available for lease near the University of Illinois.

Space Size2,250 SF - 3,080 SF
Property Size19,572 SF
Days on Market2942

Property Features for 410 E University Ave

General Information

Standard status Active
Size 2,250 SF - 3,080 SF
Class B
Property subtype Office
Lease Type Gross

Building Details

Building Size 19,572 SF
Year Built 1994
Tenancy Multiple

Spaces For Lease

at 410 E University Ave Contact us

Suite 104

Size
2,250 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us

Suite 200

Size
3,080 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Zach Wetherell · License #IL
Source: Crexi
Added: Aug 1, 2018 Changed: Aug 9 Last Checked: Aug 20 at 12:05PM

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

Investment Insights

Based on property information with market context.

Located along East University Avenue in Champaign, west of the Latitude development at the corner of University Avenue and Fifth Street, this property offers office suites in close proximity to the University of Illinois campus, OSF and Carle Hospital, and Downtown Champaign. The property features approximately 90 parking spaces and fiber optic connectivity. The lessor covers real estate taxes, building insurance, CAM, and maintenance and repairs to the HVAC and mechanical systems of the spaces. Lessees are responsible for replacing light bulbs. Suite 104, situated on the west side of the building, offers 2,250 square feet of space. It includes a reception area, a full kitchen, two private offices, a breakroom, and two restrooms, along with a wide open area. Suite 200 East is located on the second floor on the west side of the building. The second floor is serviced by an elevator and two staircases, ensuring ADA accessibility. Remodeled in 2018 with Class A office finishes, its primary access is from the west parking lot. This suite features six private offices, each with windows, an open work area with skylights, and two restrooms with showers. A large conference room is shared with the HDF Group. The open area currently contains nine cubicles that can be removed. The offices are furnished, but the furniture can also be removed if needed.

Key Highlights

  • Ample parking with approximately 90 spaces.
  • Fiber optic internet connectivity to the building.
  • Suite 200 East offers Class A office finishes from a 2018 remodel.

Property Analytics

Current Use

Multicoreware, Inc Champaign (Bike/Boat/Book/etc) Store The HDF Group (Bike/Boat/Book/etc) Store Dr. Thomas E. ... Dental Office Home Instead Home Health Care Service Comprehensive Prosthetics & Orthotics Orthotics & Prosthetics Service

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Pet Grooming Service Auto Parts Store (Bike/Boat/Book/etc) Store Tanning Salon

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,955
Businesses Nearby

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 50% below the average of $44.14 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office suites available for lease near the University of Illinois.
Where is this office units located?
The property is located at 410 E University Ave Champaign, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Ample parking with approximately 90 spaces.; Fiber optic internet connectivity to the building.; Suite 200 East offers **Class A office finishes** from a 2018 remodel.
(217) 352-7712 Call to check price and availability
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