Property profile

2860 Philo Rd Urbana, IL 61802

OFF-MARKET
Office Spaces
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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

Current use

Occupant on record · Public records
  • Training Center
  • Home Health Care Service Child Health Care Centre
  • Hair Salon Nail Salon

Location

2860 Philo Rd Urbana, IL 61802
Urbana metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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