201 W Springfield Ave Champaign, IL 61820
For Lease
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Huntington Tower, a twelve-story Class B office building in Champaign, Illinois, offers flexible office spaces ideal for businesses of various sizes. Located at 201 W Springfield Ave, this prime location boasts easy access to downtown Champaign and the University of Illinois campus. The building features 76,000 square feet of total space, with suites ranging from a minimum of 220 square feet to a maximum contiguous space of 5,830 square feet. Currently, several suites are available, including options of 530 and 1,260 square feet. Recent renovations include a remodeled lobby and common areas (completed in 2020), enhancing the professional atmosphere. Amenities include fiber optic availability, a shared conference facility, secure Passpoint card access, free parking in a nearby deck and adjacent lots, responsive on-site management and maintenance, and an appealing outdoor green space. The building also provides convenient water and trash services. This centrally located property offers a blend of modern amenities and a convenient location, making it an attractive option for businesses seeking office space in Champaign. The building consists of one structure with two elevators. Champaign County is the location.
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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.