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Downtown Champaign Office/Retail Space
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44 E Main St, Champaign, IL 61820

Prime location in Champaign's Historical District with flexible space options.

Space Size150 SF - 3,411 SF
Days on Market1365

Property Features for 44 E Main St

General Information

Standard status Active
Size 150 SF - 3,411 SF
Property subtype Retail, Office
Lease Type Full Service

Building Details

Year Built 1916
Tenancy Multiple

Spaces For Lease

at 44 E Main St Contact us

Suite 102

Size
3,411 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us

Suite 315-316

Size
522 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
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Suite 415

Size
150 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
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Suite 414

Size
325 SF
Type
Office, Retail
Lease Type
Gross
Availability
Active
Contact us

Suite 510

Size
328 SF
Type
Office, Retail
Lease Type
Gross
Availability
Active
Contact us

Suite 515

Size
227 SF
Type
Office, Retail
Lease Type
Gross
Availability
Active
Contact us

Suite 516

Size
262 SF
Type
Office, Retail
Lease Type
Gross
Availability
Active
Contact us

Suite 302

Size
281 SF
Type
Office, Retail
Availability
Active
Contact us

Suite 303

Size
512 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Alan Nudo · License #IL
Source: Crexi
Added: Dec 6, 2022 Changed: Aug 31 Last Checked: Aug 28 at 9:32PM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

Located in the heart of downtown Champaign's Historical District, this property offers office and retail spaces with numerous nearby restaurants and retail businesses. The landlord is willing to work with tenants to provide specific fit updates based on their needs, or tenants can take suites "as-is." The building features an elevator and common male and female bathrooms. Contiguous spaces can be joined to accommodate specific tenant space requirements. Suite 102, situated on the first floor of the Lincoln Building, previously served as a pilates studio. This open space boasts high ceilings and floor-to-ceiling windows that provide ample natural light. It includes a small kitchenette, washer and dryer hookup, two changing rooms, two restrooms, and three offices. The absolute gross lease covers taxes, CAM, building, and liability insurance, which are paid by the landlord. Tenants are responsible for electrical, telecommunications, and any space janitorial and cleaning charges, while the landlord covers heating, trash, and water. The available suites are offered at $15.00 per square foot on an absolute gross basis. The property is located near Kessler Optical, Maize, Black Dog, Jupiter’s Pour Brothers, Ko Fusion, Barrel 34, and Faron’s Esquire. Two new major projects in the immediate area are planned, calling for 30 more apartments and additional retail opportunities.

Key Highlights

  • Prime downtown Champaign location in the Historical District, surrounded by popular restaurants and retail businesses.
  • Flexible space options: Landlord will customize to tenant needs or tenant can take 'as‑is'.
  • Absolute Gross lease: Landlord covers taxes, CAM, building & liability insurance, heating, trash, and water.

Property Analytics

Current Use

Adapt-A-Lap Office Home Health Care Service Lawrence Kessler Physician PRP injection Clinic ... Corporate Office Renee M. Dumond, ... Physician Kathleen E. El ... Physician

Suggested Use

Top Pick Auto Parts Store Electrical Service Grocery & Convenience Store Storage Facility Pet Grooming Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,846
Businesses Nearby

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

$34.85 /SF/Yr
Avg Asking Price
$13–$200 /SF/Yr
Price Range
6,017 SF
Avg Space Size

This space is priced 54% below the average of $34.85 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Prime location in Champaign's Historical District with flexible space options.
Where is this office units located?
The property is located at 44 E 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: Prime downtown Champaign location in the Historical District, surrounded by popular restaurants and retail businesses.; Flexible space options: Landlord will customize to tenant needs or tenant can take 'as‑is'.; Absolute Gross lease: Landlord covers taxes, CAM, building & liability insurance, heating, trash, and water.
(217) 352-7712 Call to check price and availability
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