For Lease
$16/SF/YR

901 University Ave Urbana, IL 61801

Prime location, flexible suites available

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This Class A, three-story office building, totaling 32,000 square feet, is situated at the corner of University Avenue and Lincoln Avenue in Champaign County, offering exceptional visibility and accessibility. Built in 2009, the property features multiple suites ranging from approximately 4,505 to 12,014 rentable square feet, currently with 5,185 square feet vacant. Each suite boasts modern finishes and includes amenities such as private offices, open work areas, conference rooms, break rooms, and ample storage. Suite layouts are thoughtfully designed to accommodate a variety of business needs, from traditional office setups to medical or creative office spaces. The building is zoned B-3 General Business, allowing for diverse commercial uses. Its strategic location near the University of Illinois, Carle Hospital, OSF Heart of Mary Medical Center, and Crystal Lake Park, coupled with its proximity to major roadways (Interstate 74) and a wealth of dining options, makes it an ideal location for businesses seeking high visibility and convenient access to amenities. The 2024 estimated NNN expenses of $10.26 per square foot include real estate taxes, building insurance, and common area maintenance. The asking rent is $16.00 per square foot, NNN. The property's APN is 91-21-07-484-003, 007, 008.

Highlights

  • Class A, 32,000 SF multi-tenant office building in Champaign County, IL.
  • Building features 5,185 SF of vacant space, available for lease.
  • Available suites range from 4,505 to 12,014 rentable square feet.
  • Lease rate: $16.00/SF/NNN; 2024 NNN estimated at $10.26/SF.
  • Prime location at University & Lincoln Avenues, near UIUC, Carle Hospital, and major roadways.

Property Details for 901 University Ave

Property type
Office properties, Office space
RSF (Rentable sq. ft)
32,000 SF
Class
A
Year Built
2009
Stories
3

Unit(s) available at that property

Space
Suite 200
Size
10,842 SF
Rate per SF
$16
Space
Suite 101
Size
4,066 SF
Rate per SF
$16
Space
Suite 301
Size
5,185 SF
Rate per SF
$16

Location Insight

City
Urbana
County
Champaign
State
Illinois
Latitude
40.1161792
Longitude
-88.2197752

FAQs

What type of property is this?
Office property - Prime location, flexible suites available
Where is the office property located?
The property is located at 901 University Ave Urbana, IL.
What is the lease rate?
The lease rate is $16/SF/YR.
What are key features of this property?
This property features: Class A, 32,000 SF multi-tenant office building in Champaign County, IL.; Building features 5,185 SF of vacant space, available for lease.; Available suites range from 4,505 to 12,014 rentable square feet.
How can I contact the broker?
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901 University Ave
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