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    2021 1St St Champaign, IL 61820

    Sponsored
    For Lease
    $17 SF/Yr

    Class A Office Suites Available Now

    Lot size:
    52,724 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building, located at 2021 S. First Street in Champaign, Illinois, offers a prime opportunity for businesses seeking modern, efficient workspace. The two-story, 52,724 square foot building boasts upscale interior and exterior finishes, including a striking brick and metal façade. Currently, there are multiple tenancy options available, ranging from 2,800 to 4,111 square feet. Amenities include a shared conference room and coffee station, perfect for fostering collaboration and employee satisfaction. The building also features 162 parking spaces and a single elevator for convenient access to both floors. Built in 2006, this property benefits from its location within the Research Park submarket, offering stunning views of a landscaped pond and walking paths from the south-facing windows. The 3.43 acres of land provide ample space and potential for future expansion. With 1,544 square feet currently vacant, this is an ideal opportunity to secure high-quality office space in a thriving research and development community. The property's strategic location in Champaign, IL (zip code 61820) provides easy access to major transportation routes and local amenities. Don't miss this chance to establish your business in a prestigious and well-appointed setting.

    Property Features for 2021 1St St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,724 SF
    Class
    A
    Total Rate
    74692.33

    Building Details

    Year Built
    2006
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 109
    Size
    4,111 SF
    Rate per SF
    $20
    Space
    Suite 204
    Size
    2,800 SF
    Rate per SF
    $20

    HighLights

    • Second‑floor access via elevator.
    • Second‑floor common area conference room.
    • ADA‑compliant restrooms in common areas.
    • High‑speed UC2B fiber internet access.
    • Abundant parking available.
    • Exterior building signage permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    John Deere Technology ... Research Institute Graybar Electrical Supply Store Agrible, Inc. Agricultural Service Aviatrix Systems, Inc. Corporate Office Striped Sail, Ltd. Software Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2393616
    Latitude
    40.0889242

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Suites Available Now
    Where is this office property / space located?
    The property is located at 2021 1St 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: Second-floor access via elevator.; Second-floor common area conference room.; ADA-compliant restrooms in common areas.
    Request Owner's contact information
    2021 1St 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
    2021 1St St Champaign, IL 61820
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