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Property profile & analytics

1904 1St St Champaign, IL 61820

  • Commercial real estate
  • 2.05 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-4766499
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

  • Granular / (Bike/Boat/Book/etc) Store / Corporate Office
  • Bayer / Agricultural Service
  • Mixed Use Building / Academic Department
  • Caterpillar, Inc. Champaign Innovation Center (CIC) / University / Corporate Office
  • Electric Power Engineers / Engineering Consultant

Property Details for 1904 1St St

Lot size
2.05 lot acres
Property type
Commercial real estate
APN
462119151006
APU
462119151006

Description

This exceptional two-story, Class A mixed-use building, completed in November 2017, presents a unique investment opportunity in the vibrant Research Park at UIUC. Located at 1904 S. First Street, between the I Hotel and Yahoo Building, this property boasts a total of 60,600 square feet, offering a blend of retail and office space. Currently, there are two retail spaces available, ranging from 1,457 to 4,652 square feet, situated on the west end of the first floor along First Street. The building also features 54,336 square feet of Class A office space spread across the first, second, and third floors. Amenities include ample shared restrooms and a convenient first-floor break area with a shared conference room for tenant use. With 147 parking spaces and elevators, this property provides exceptional convenience for both employees and customers. The building sits on a 2.05-acre lot and is ideally positioned within the thriving Research Park, offering excellent visibility and accessibility. This is a rare chance to acquire a prime commercial property in a high-demand location. The building's modern design and desirable location make it an attractive option for a variety of businesses. Don't miss this opportunity to secure your place in this dynamic and growing area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.2372
Latitude
40.0925
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
$228,336
$125,450
$2,506,650
$2,632,100
-
$376,350
$7,519,950
$7,896,300
More about this property
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