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Property profile & analytics
OFF-MARKET
Office Spaces

201 Randolph St Champaign, IL 61820

18,202 SF Built 1971
Property ID
Property summary
AI-generated overview

This exceptional commercial property at 201 N Randolph St, Champaign, IL 61820, offers a diverse range of office spaces ideal for various business needs. The building, constructed in 1971, encompasses 18,202 square feet across two stories and features four individual suites, with 7,212 square feet currently vacant. The minimum divisible space is 989 square feet, while the maximum contiguous space available is 7,212 square feet, providing flexibility for businesses of all sizes. The property boasts a convenient location in the heart of downtown Champaign, situated between Neil and State Street, offering easy access to amenities and excellent visibility. Building amenities include a shared break room, two restrooms, a common storage closet, and elevator access. Security features include a separate entrance with 24-hour access via a remote entry system. Ample parking is available with 69 spaces. The property is zoned commercial and offers stunning downtown views. The building's brick exterior adds to its classic charm. This versatile space is suitable for traditional office, executive office, coworking, medical office, or creative office uses.

Property profile
Verified
Property type Office Spaces
Year built 1971
Total area 18,202 SF
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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