Multi-tenant Office
New
For Lease
$13 SF/Yr
481 Devonshire Dr, Champaign, IL 61820
Multiple office and medical suites offer private offices, reception areas, and kitchenette access, with frontage along Devonshire Drive.
Days on Market5
Property Features for 481 Devonshire Dr
General Information
Standard status
Active
Property subtype
Office - General Office
Lease Type
SF/yr
Building Details
Year Built
1984
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 352-7712
Listed By:
Zach Wetherell
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 30 at 2:54AM
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.
This property offers several available office suites with established interior build-outs. Suite 401 consists of five private offices, a large open reception area, two restrooms, and a small kitchenette. Suite 409 is located in the east building on the south side and includes a main level with reception area, conference room, multiple private offices, a large open room, two restrooms, and a kitchenette, plus a loft with an open floor plan. Suite 415 features a large reception area, conference room, storage, workspace, one smaller office, two larger offices with big windows and vaulted ceilings, and a kitchenette, along with a loft containing three private glass offices overlooking the reception area. Suite 481 was formerly an orthodontic medical office and includes four private offices, reception/lobby, open work area, two restrooms, a lab area, and a small kitchenette.
Tenants benefit from frontage along Devonshire Drive. The tenant at Suite 409 has access to a monument sign along Devonshire Drive, and suites at 401 and 481 are described as having great frontage along the same drive. NNN expenses for Suites 409 and 415 are based on main level square footage only.
Tenants benefit from frontage along Devonshire Drive. The tenant at Suite 409 has access to a monument sign along Devonshire Drive, and suites at 401 and 481 are described as having great frontage along the same drive. NNN expenses for Suites 409 and 415 are based on main level square footage only.
Key Highlights
- 401 Devonshire: 1,830 SF office with five private offices, large reception area, two restrooms, and kitchenette ($14.00/SF NNN).
- 409 Devonshire: 2,450 SF with 1,770 SF main level plus 680 SF loft; includes reception, conference room, multiple offices, two restrooms, kitchenette ($13.00/SF NNN).
- 415 Devonshire: 2,570 SF office with 1,850 SF main level plus 720 SF loft; includes large reception, conference room, storage, offices, kitchenette ($13.00/SF NNN).
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,281
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
$15.82 /SF/Yr
Avg Asking Price
$8.75–$20 /SF/Yr
Price Range
9,221 SF
Avg Space Size
This space is priced 18% below the average of $15.82 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Multiple office and medical suites offer private offices, reception areas, and kitchenette access, with frontage along Devonshire Drive.
Where is this office units located?
The property is located at 481 Devonshire Dr Champaign, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 401 Devonshire: 1,830 SF office with five private offices, large reception area, two restrooms, and kitchenette ($14.00/SF NNN).; 409 Devonshire: 2,450 SF with 1,770 SF main level plus 680 SF loft; includes reception, conference room, multiple offices, two restrooms, kitchenette ($13.00/SF NNN).; 415 Devonshire: 2,570 SF office with 1,850 SF main level plus 720 SF loft; includes large reception, conference room, storage, offices, kitchenette ($13.00/SF NNN).
