2001 1st St, Champaign, IL 61820-7461
This exceptional Class A office building, located at 2001 S. First St, Champaign, IL 61820, offers a diverse range of spaces ideal for businesses of all sizes. Situated within the prestigious University of Illinois Research Park, this two-story building boasts 61,856 square feet of total space, with 12,400 square feet currently available. The property features three suites, offering flexible options ranging from a minimum of 1,500 square feet to a maximum contiguous space of 15,000 square feet. Built in 2000 and extensively renovated in 2021, the building provides modern amenities including 12-foot ceilings, ample natural light, and elevators. With 177 parking spaces available, convenient access is ensured. The property sits on a 3.372-acre lot, offering significant potential for future expansion or outdoor amenities. Its strategic location in the University of Illinois Research Park provides unparalleled access to a thriving research and development community, attracting a highly skilled workforce. The property's multiple tenancy options cater to a variety of business needs, from executive offices to coworking spaces and traditional office layouts. This is a rare opportunity to secure prime office space in a highly sought-after location. Contact us today to schedule a viewing and explore the possibilities.
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Cline Center for Advanced Social Research Charitable Organization Social Service Agency
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Luebchow Kevin H Law Firm
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Singleton Alan R Atty Law Firm
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Vitas-M Laboratory Laboratory
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Singleton Law Firm Pc Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.