Search
Specialty Commercial Suite with Appliances
For Lease
$93.33 SF/Yr

701 S Gregory Street, Urbana, IL 61801

Sublease opportunity with approximately four years remaining and a refrigerator included in the suite.

Space SizeContact for details
Days on Market152

Property Features for 701 S Gregory Street

General Information

Standard status Active
Zoning COMMR

Additional Details

Sublease Yes

Building Details

Year Built 2004
Stories 1
Listing Agency: Exit Grace Realty
Listed By: Paola Cedano
Source: Allinonerealestateco
Added: Mar 13 Changed: Aug 11 Last Checked: Aug 11 at 5:36AM

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 Exit Grace Realty

Investment Insights

Based on property information with market context.

This specialty commercial suite is located at 701 S Gregory Street in Urbana and was built in 2004. The space includes select appliances, including a refrigerator, and is offered as a sublease with approximately 4 years remaining. Zoning is designated COMMR.

The property is positioned near the University of Illinois campus, providing a campus-adjacent setting for a range of business uses. The suite’s existing appliance package and remaining sublease term provide defined physical and lease characteristics for occupancy planning.

Key Highlights

  • Approximately 4 years remaining on the sublease
  • Refrigerator and some appliances included
  • Located at 701 S Gregory Street, Urbana, IL 61801

Property Analytics

Current Use

Subway Take-out & Catering Cunningham Children's Home ... Social Service Agency Basil Thai At Urbana Restaurant Illini Landscaping Landscaping 4th Quarter Nutrition Cafe & Coffee Shop

Suggested Use

Top Pick Dental Office Building Supply Accounting Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

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
$14.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,519
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - Sublease opportunity with approximately four years remaining and a refrigerator included in the suite.
Where is this specialty property located?
The property is located at 701 S Gregory Street Urbana, IL.
What is the lease rate?
The lease rate is $93.33 SF/Yr.
What are key features of this property?
This property features: Approximately 4 years remaining on the sublease; Refrigerator and some appliances included; Located at 701 S Gregory Street, Urbana, IL 61801
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message