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    1800 Oak St Champaign, IL 61820

    Sponsored
    For Lease
    $18 SF/Yr

    Executive Suites, Research Park Location

    Lot size:
    75,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Atkins Building, a Class A, 75,000 square foot office building in Champaign, Illinois' Research Park, offers exceptional space for businesses seeking a prestigious location. Built in 2000, this two-story building boasts 289 parking spaces and a single elevator. Currently, 12,138 square feet of space is available, with individual suites ranging from 152 to 3,375 square feet, perfect for multiple tenants. Situated on 2.97 acres of land between Oak Street and First Street along St. Mary's Road, it serves as a prominent gateway to the Research Park. The building features modern amenities including extensive fiber and networking infrastructure, a backup generator for reliable power, energy-efficient lighting, a spacious atrium break/lounge area, a fully equipped fitness room with showers, and a convenient conference room. Its strategic location within the Research Park at the University of Illinois Urbana-Champaign provides unparalleled access to a vibrant research community and a highly skilled workforce. This is a rare opportunity to secure office space in a highly sought-after location with state-of-the-art features. The property's address is 1800 S Oak St, Champaign, IL 61820.

    Property Features for 1800 Oak St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    75,000 SF
    Class
    A
    Total Rate
    115625

    Building Details

    Year Built
    2000
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 202E
    Size
    152 SF
    Space
    Suite 206
    Size
    2,380 SF
    Rate per SF
    $20
    Space
    Suite 202F
    Size
    188 SF
    Space
    Suite 208
    Size
    1,609 SF
    Rate per SF
    $20
    Space
    Suite 112
    Size
    1,951 SF
    Rate per SF
    $20
    Space
    Suite 209
    Size
    2,126 SF
    Rate per SF
    $20
    Space
    Suite 211
    Size
    2,314 SF
    Rate per SF
    $20
    Space
    Suite 110A
    Size
    3,375 SF
    Rate per SF
    $20

    HighLights

    • Fully customizable build‑outs to suit tenant requirements.
    • Modern lobby with comfortable lounge seating.
    • Shared conference room featuring a plasma screen projector.
    • Building‑wide Wi‑Fi access.
    • Outdoor patio with fire pit.
    • On‑site fitness center including showers and lockers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Abbvie Innovation Center Pharmaceutical Company Accuraty Solutions Website Designer CEB Corporate Office Atkins Building University Phi Optics, Inc. Biotechnology 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
    -88.2396385
    Latitude
    40.0939486

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, Research Park Location
    Where is this office property / space located?
    The property is located at 1800 Oak St Champaign, IL.
    What is the lease rate?
    The lease rate is $0.00-$20 SF/Yr.
    What are key features of this property?
    This property features: Fully customizable build-outs to suit tenant requirements.; Modern lobby with comfortable lounge seating.; Shared conference room featuring a plasma screen projector.
    Request Owner's contact information
    1800 Oak 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
    1800 Oak St Champaign, IL 61820
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