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    2860 Philo Rd Urbana, IL 61802

    Sponsored
    For Lease
    $12 SF/Yr

    Move-in ready office, 1625 sq ft.

    Lot size:
    1,625 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,625 square foot, move-in ready office space, located in Suite G of The Pines at Stone Creek Commons in Urbana, Illinois, is perfect for a coworking space or creative office. Situated at the intersection of Windsor Road and Philo Road, this single-story endcap suite benefits from high traffic counts due to its location within a thriving neighborhood center. Nearby anchors such as Meijer, Christie Clinic, Carle Clinic, and Little Hearts and Hands contribute to significant foot and vehicle traffic. The space features an open floor plan ideal for multiple workstations, a welcoming reception/waiting area, a sizable conference room, ample storage, a kitchenette, and a restroom. Renovated in 2019, the suite offers a modern and functional layout. Abundant parking is available directly adjacent to the building, providing easy access for employees and clients. The property is zoned for commercial neighborhood use and is located in Champaign County, with the full address being 2860 S Philo Rd, Urbana, IL 61802. The space will be available for occupancy on February 1, 2025.

    Property Features for 2860 Philo Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,625 SF

    Building Details

    Year Renovated
    2019
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,625 SF
    Rate per SF
    $12

    HighLights

    • Move‑in ready 1,625 SF office suite.
    • Located in the Pines at Stone Creek Commons, a thriving Urbana, IL neighborhood center.
    • Professionally managed by Fairlawn Real Estate.
    • Attractive landscaping enhances the property's curb appeal.
    • Ample on‑site parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Urbana Fine Arts ... Dance School SYNERGY HomeCare Home Health Care Service Bouffant Salon Beauty Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.1888924
    Latitude
    40.0821577

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    FAQs

    What type of property is this?
    Office space - Move-in ready office, 1625 sq ft.
    Where is this office space located?
    The property is located at 2860 Philo Rd Urbana, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Move-in ready 1,625 SF office suite.; Located in the Pines at Stone Creek Commons, a thriving Urbana, IL neighborhood center.; Professionally managed by Fairlawn Real Estate.
    Request Owner's contact information
    2860 Philo Rd Urbana, IL 61802
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    Urbana, IL 61802
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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
    2860 Philo Rd Urbana, IL 61802
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