Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1 Main St Champaign, IL 61820

    For Lease
    $16 SF/Yr

    47,090 sq ft, Two Floors, City Views

    Lot size:
    47,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional office space, located in the vibrant heart of downtown Champaign, presents a unique opportunity for businesses seeking a prestigious and functional workspace. Spanning 47,090 square feet across the second and third floors of 1 E Main, this single-tenant property offers unparalleled flexibility. The second floor comprises 17,930 square feet, while the expansive third floor offers 29,150 square feet. The layout is adaptable to a variety of needs, whether you require a single, unified space or prefer to subdivide it to accommodate multiple departments or tenants. The property boasts well-appointed conference rooms offering stunning city views, perfect for client meetings or internal collaborations. Ample space allows for the creation of both individual workstations and customized office layouts to suit your specific workflow. Adding to its appeal, the third floor features three separate balconies, providing employees with access to outdoor space and a refreshing break from the workday. This prime location, combined with its impressive size and versatile design, makes this property an exceptional investment for any discerning business. The property is situated in Champaign County and is ready for immediate occupancy.

    Property Features for 1 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,080 SF

    Unit(s) available at that property

    Space
    Size
    47,080 SF
    Rate per SF
    $16

    HighLights

    • 47,080 SF office space in downtown Champaign, IL.
    • Single‑tenant occupancy.
    • Located in Champaign County.
    • Second and third floor space totaling 47,080 SF (17,930 SF on the second floor and 29,150 SF on the third floor).
    • Features multiple conference rooms with city views and three balconies on the third floor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    1 Main Development Real Estate Developer Worn Jarabek Architects Architect Sean Murphy Lights, ... Interior Designer Martha Leary, LANDMARK ... Real Estate Agent The Space Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2429999
    Latitude
    40.1183166

    Nearby Similar for Lease

    • $9 SF/Yr
      107,593 SF

      Spacious Office Space in Champaign

      Modern office space designed for productivity, innovation, and growth.
      705 N Country Fair Dr, Champaign, IL 61821
      View Details
    • $20 SF/Yr

      Champaign Retail Space with Drive-Thru

      Retail spaces in active Champaign corridor with drive-thru potential.
      902 Meijer Dr, Champaign, IL 61822
      View Details
    • $17 SF/Yr

      Downtown Champaign Commercial Space Available

      Versatile office space in vibrant downtown Champaign, Illinois.
      41 E University Ave, Champaign, IL 61820
      View Details
    • $17 SF/Yr

      Downtown Champaign Retail Opportunity

      Prime retail space in the historic Traction Building.
      41 E University Ave, Champaign, IL 61821
      View Details
    • New
      $24 SF/Yr

      Retail Storefront with Warehouse Space

      4879 SF retail space with warehouse in Champaign, IL.
      909 W Bloomington Rd, Champaign, IL 61821
      View Details
    • $18 SF/Yr
      6,000 SF

      High-Visibility Retail Space Available

      3,200 SF commercial space for lease in Champaign, IL.
      1422 S Neil St, Champaign, IL 61820
      View Details

    FAQs

    What type of property is this?
    Office space - 47,090 sq ft, Two Floors, City Views
    Where is this office space located?
    The property is located at 1 Main St Champaign, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 47,080 SF office space in downtown Champaign, IL.; Single-tenant occupancy.; Located in Champaign County.
    Request Owner's contact information
    1 Main St Champaign, IL 61820
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Main St
    Champaign, IL 61820
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1 Main St Champaign, IL 61820
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.