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Property profile & analytics

1 Main St Champaign, IL 61820

  • Office Properties & Spaces
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2808484
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • 1 Main Development / Real Estate Developer
  • Worn Jarabek Architects / Architect
  • Sean Murphy Lights, Inc. / Interior Designer / Consultant
  • Martha Leary, LANDMARK REAL ESTATE / Real Estate Agent
  • The Space / Restaurant / Live Music Venue

Property Details for 1 Main St

Property type
Office Properties & Spaces
APN
422012427027
APU
422012427027

Description

This exceptional 5,600 square foot restaurant space is available for lease in the vibrant heart of Downtown Champaign, Illinois. Located within the One Main building, this single-tenant property boasts a cozy yet modern dining and bar area, a spacious kitchen featuring 12' and 14' hood vents, and a significant outdoor patio perfect for expanding capacity during the many downtown festivals and events. A private dining room offers additional seating for private events or peak hours. The patio is a key feature, conveniently situated next to a public parking lot for easy customer access. This location benefits from the bustling activity of Downtown Champaign, serving the larger Champaign-Urbana area. A strong daytime workforce, upper-story residential units, evening entertainment options, thriving local restaurants and breweries, and a vibrant arts scene contribute to a dynamic atmosphere. The proximity to the University of Illinois (with its 55,000 students), Big Ten sporting events, the Virginia Theatre, and Friday Night Live further enhances the property's appeal. This is an unparalleled opportunity to establish a successful restaurant in a truly exceptional downtown setting. The property is situated at 1 E Main St, Suite 103, Champaign, IL 61820.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.243
Latitude
40.1184
CBSA code
16580
CBSA name
CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$92,226
$84,740
$937,960
$1,022,700
-
$254,220
$2,813,880
$3,068,100
More about this property
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