Ground-Floor Mixed-Use
For Lease
Contact for pricing
700 South Gregory Street, Urbana, IL 61801
Commercial space directly opposite Krannert Center, with nearby student housing, university faculty, and arts patrons.
Space Size1,273 SF
Days on Market15
Property Features for 700 South Gregory Street
General Information
Standard status
Active
Size
1,273 SF
Net Rentable
1,273 SF
Class
A
Property subtype
Retail, Office
Space & Availability
Available Space
1,273 SF
Contiguous Space
1,273 SF
Floor
Ground
Building Details
Building Size
1,273 SF
Year Built
2004
Tenancy
Single
Spaces For Lease
at 700 South Gregory Street Contact us- Size
- 1,273 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
Space 1
Listing Agency:
JSM Commercial
Listed By:
Ethan Tock · License #475.215119
Source:
Crexi
Added: Jul 28
Changed: Aug 9
Last Checked: Aug 10 at 9:46AM
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 JSM Commercial
Investment Insights
Based on property information with market context.
This 1,273-square-foot ground-floor commercial space is located at 700 South Gregory Street in Urbana and was built in 2004. The property offers a flexible setting for a boutique retailer, specialty cafe, service provider, or quick-service restaurant, as identified in the property information.
The space sits directly across from the Krannert Center for the Performing Arts and within a corridor described as walkable, with nearby student housing, university faculty, and arts patrons. Its setting provides exposure to activity associated with the UIUC campus and performing arts center.
The space sits directly across from the Krannert Center for the Performing Arts and within a corridor described as walkable, with nearby student housing, university faculty, and arts patrons. Its setting provides exposure to activity associated with the UIUC campus and performing arts center.
Key Highlights
- 1,273 SF ground‑floor commercial space
- Directly across from the Krannert Center for the Performing Arts
- Located at 700 South Gregory Street, Urbana, IL 61801
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,519
Businesses Nearby
Explore this area
Business Placement
Demographics for 61801, IL
27,658
Population
13,468
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,122
Density / Sq Mi
$37,948
Median Household Income
$26,394
Median Earnings
$950
Median Rent
$184,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space directly opposite Krannert Center, with nearby student housing, university faculty, and arts patrons.
Where is this mixed-use property located?
The property is located at 700 South Gregory Street Urbana, IL.
What are key features of this property?
This property features: 1,273 SF ground‑floor commercial space; Directly across from the Krannert Center for the Performing Arts; Located at 700 South Gregory Street, Urbana, IL 61801
