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    107 Green St Champaign, IL 61820

    Sponsored
    For Lease
    $20 SF/Yr

    Prime retail space, sublease opportunity. High-traffic location.

    Lot size:
    12,163 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,163-square-foot retail space presents a unique sublease opportunity within a building anchored by CVS. Situated on the southwest corner of Neil and Green Streets in Champaign, Illinois, this property enjoys a highly visible location on a main arterial road leading directly to the University of Illinois campus. The space offers a large, open floor plan with 14-foot clear height to the drop ceiling and 16-foot height to the bottom of the steel I-beams, providing ample room for various retail configurations. A partial basement (95' x 60', 8-foot ceilings) offers additional storage, accessible via a conveyor system. While the main level currently lacks restrooms, older facilities are available in the basement. This is a gross lease, and the landlord prefers the space be leased "as is," with the tenant responsible for any improvements. The property's zoning is CG - Commercial General, and its APN is 43-20-13-209-008 in Champaign County. Built in 1970, this location benefits from its proximity to the University of Illinois and the vibrant downtown Champaign area. This is a single-tenant space offering significant potential for a variety of retail businesses. The property is located at 107 W Green St, Champaign, IL 61820.

    Property Features for 107 Green St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,163 SF

    Building Details

    Year Built
    1970

    Unit(s) available at that property

    Space
    Size
    12,163 SF
    Rate per SF
    $20

    HighLights

    • 12,163 SF retail sublease opportunity in Champaign, IL.
    • High‑visibility corner location at Neil & Green Streets, near University of Illinois.
    • Large open floor plan with 14' clear height (16' to steel beams) and partial basement for storage.
    • Gross lease; tenant responsible for improvements; "as is" condition.
    • CG zoning; APN 43‑20‑13‑209‑008; 107 W Green St, Champaign, IL 61820.
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Pharmacy Pharmacy CVS Photo Print Shop Redbox Movie Rental Kiosk UPS Access Point ... Shipping And Mailing Service CVS Drug Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2442549
    Latitude
    40.109522

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    FAQs

    What type of property is this?
    Individual retail property - Prime retail space, sublease opportunity. High-traffic location.
    Where is this individual retail property located?
    The property is located at 107 Green St Champaign, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 12,163 SF retail sublease opportunity in Champaign, IL.; High-visibility corner location at Neil & Green Streets, near University of Illinois.; Large open floor plan with 14' clear height (16' to steel beams) and partial basement for storage.
    Request Owner's contact information
    107 Green St Champaign, IL 61820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 Green St Champaign, IL 61820
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