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First-Floor Office Suite
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901 W University Ave, Urbana, IL 61801

First-floor suite includes reception, five offices, conference room, open work area, break room, storage, and restrooms.

Property Size4,066 SF
Days on Market569

Property Features for 901 W University Ave

General Information

Standard status Active
Size 4,066 SF
Net Rentable 4,505 SF
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Available Space 4,505 SF
Contiguous Space 4,505 SF
Floor 1
Private Offices 5
Meeting Rooms 1
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Josh Markiewicz
Source: Moodyscre
Added: Jan 7, 2025 Changed: Jul 29 Last Checked: Jul 29 at 4:21AM

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.

Suite 101 is located on the first floor and offers approximately 4,066 usable square feet, with 439 square feet of common area allocation for a total of approximately 4,505 rentable square feet. The space is designed for office use and includes a reception area, five private offices, a large open work area, a conference room, a break room, and a storage room. Separate men’s and women’s restrooms are also included.

The suite is part of a commercial office building at 901 W University Ave in Urbana, Illinois.

The interior layout supports both collaborative and private work, with dedicated rooms for meetings and administration alongside an open area for day-to-day operations.

Key Highlights

  • First‑floor Suite 101 offers 4,066 usable SF and 4,505 rentable SF (includes 439 SF common area allocation).
  • Reception area plus 5 private offices.
  • Large open work area for flexible workspace setup.

Property Analytics

Current Use

UIUC Conference Services Conference Center Einstein Bros. Bagels (Bike/Boat/Book/etc) Store Carle Pulmonary Rehabilitation Rehabilitation Center Lincoln University Holdings University

Suggested Use

Top Pick Dental Office Real Estate Agency Kitchen & Bath Showroom Daycare Center Furniture & Home Goods Computer & Electronic Repair

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,401
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

Market

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 - First-floor suite includes reception, five offices, conference room, open work area, break room, storage, and restrooms.
Where is this office units located?
The property is located at 901 W University Ave Urbana, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: First‑floor Suite 101 offers 4,066 usable SF and 4,505 rentable SF (includes 439 SF common area allocation).; Reception area plus 5 private offices.; Large open work area for flexible workspace setup.
(217) 403-3424 Call to check price and availability
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