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    OFF-MARKET
    Office Spaces

    2860 Philo Rd, Urbana, IL 61802

    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Office Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Urbana Fine Arts Center Training Center
    • SYNERGY HomeCare Home Health Care Service Child Health Care Centre
    • Bouffant Salon Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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