Downtown Champaign Retail/Office
For Lease
Contact for pricing
12 E Main St, Champaign, IL 61820
Prime 2,531 SF retail/office space in vibrant downtown Champaign.
Space Size2,531 SF
Days on Market1488
Property Features for 12 E Main St
General Information
Standard status
Active
Size
2,531 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Tenancy
Single
Spaces For Lease
at 12 E Main St Contact us- Size
- 2,531 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Guth & Associates
(217) 355-2545
Listed By:
Jill Guth · License #IL 471.020488
Source:
Crexi
Added: Aug 4, 2022
Changed: Aug 15
Last Checked: Aug 29 at 5:45AM
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 Guth & Associates
Investment Insights
Based on property information with market context.
Located in the heart of dynamic Downtown Champaign, 12 - 14 E Main Street offers a 2,531-square-foot first-floor space suitable for retail or office use. The property has undergone extensive facade renovations, restoring its historic charm with upgrades including new glazing and a modernized storefront. The space features an open layout, one restroom, and convenient backroom storage. Configured as two retail units marketed as one contiguous unit, it offers flexibility in its use. The property is delivered as a vanilla box or with significant tenant improvement allowances, tailored to specific needs. The upper level has been transformed into multiple modern apartments, adding vibrancy and foot traffic to the area. Situated in a prime downtown setting, the property is surrounded by restaurants, bars, hotels, cafes, and retail establishments. Downtown Champaign boasts a lively atmosphere and a robust employment base. Located just 2 miles from the University of Illinois campus, the property is positioned to attract local residents, university students, and visitors. Downtown Champaign serves as a hub for dining, entertainment, and shopping, attracting diverse demographics. This space offers potential for retail or office use in a sought-after location.
Key Highlights
- Prime downtown Champaign location surrounded by restaurants, bars, hotels, cafes, and retail.
- 2,531 square feet of flexible retail/office space with open layout.
- Extensive facade renovations with new glazing and modernized storefront.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,534
Businesses Nearby
Explore this area
Business Placement
Demographics for 61820, IL
40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value
Market
Lease Benchmarks for Champaign, IL
$18.13 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
10,927 SF
Avg Space Size
This space is priced 17% below the average of $18.13 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Prime 2,531 SF retail/office space in vibrant downtown Champaign.
Where is this retail space located?
The property is located at 12 E Main St Champaign, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime downtown Champaign location surrounded by restaurants, bars, hotels, cafes, and retail.; 2,531 square feet of flexible retail/office space with open layout.; Extensive facade renovations with new glazing and modernized storefront.
