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Property profile

2100 S Oak St Champaign, IL 61820

FOR LEASE
Office buildings
Property ID
US28-1573688
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The Ameren Building, a prestigious Class A office building located at 2100 S. Oak Street in Champaign, Illinois, 61820, offers exceptional executive office space within the desirable Research Park submarket. This 45,045 square foot multi-tenant building, constructed in 2005, provides a unique blend of wet and dry laboratory space and traditional office environments, ideal for companies requiring both functionalities. Currently, there are multiple suites available, ranging in size from 412 square feet to 2,470 square feet, catering to a variety of business needs and scales. The building features modern amenities including elevators for convenient access to all floors. Beyond the functional workspace, tenants enjoy access to shared restrooms and a picturesque setting. The Ameren Building boasts a tranquil pond-front location, complete with inviting walking paths and beautifully landscaped park areas, offering a serene and productive work environment. This prime location within the Research Park ensures easy access to key research institutions, businesses, and amenities. The building's modern design and desirable location make it an excellent choice for businesses seeking a high-quality, functional, and aesthetically pleasing workspace. Inquire today to learn more about available suites and lease terms.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
APN 452024276039
UPID US28-1573688

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Research Institute Engineering Consultant
  • Apartment Building
  • Physician
  • Corporate Office

Location

2100 S Oak St Champaign, IL 61820
Champaign metro Census 1400 CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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