For Lease

312 N Walnut St

312 N Walnut St, Champaign, IL 61820

12,900

SF Available
Front two-level portion of 12,900 SF building has approximately 5,300 SF on Walnut Street in downtown Champaign. The other two portions of building are single level, approximately 3,800 SF each. Front portion of the building can have one or two tenants with variety of commercial uses. Single level portion of building could have one or more tenants. This portion of the building has high ceilings and open spaces which can be used for a variety of commercial uses. Adjacent large parking lot owned by landlord offers unique parking availabilities for client’s customers not available to most of the other downtown businesses. All spaces, both first and second floor, will have a $15-$20 range, depending on the amount of fit-up costs requested by the tenant and incurred by the landlord. All NNN responsibilities are based on current assessment values. Building is on the National Register of Historic Places, which could give both parties access to renovation tax credits.

Key features

  • Jupiters, Barrelhouse 34, Fire Doll, The Venue at CU, Maize, Pour Brothers, Kessler Optical, Pilates Studio, Lincoln Building, Ko Fusion. The eastern portion of downtown is the fastest growing and most exciting location for bar/restaurants and retail activities. Coming soon are two new retail/apartment construction projects on the same block. Traffic Counts Primary Street: Walnut Street 4,650 Secondary Street: Main Street 2,300
  • Age: Over 50 Years Old

Rental Details

  • Number of spaces 1
  • Total square feet available 12,900 SF
  • For Lease $15.00 - $20.00/SF/YR
  • Space Types Flex - Industrial
  • Lease Type NNN
  • Date Updated May 20, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

For Lease 1 Space Available

Contacts

Alan Nudo

Coldwell Banker Commercial Devonshire Realty

Building Details

  • For Lease $15.00 - $20.00/SF/YR
  • Property Type Industrial - Flex - Industrial
  • # of Floors 2
  • Year Built 1923
  • Date Updated May 20, 2026

Getting Around

  • Walk Score ®

    Very Walkable (89)

  • Transit Score ®

    Good Transit (57)

  • Bike Score ®

    Very Bikeable (81)
Powered by Walk Score ®

Location

  • City Champaign, IL
  • Neighborhood Downtown Champaign
  • Zip Code 61820

Points of Interest

ChargePoint

0.92 miles

QuikTrip

0.96 miles

Shell

1.18 miles

Mobil

1.29 miles

Tesla Supercharger

2.15 miles

Walnut and Washington

0.08 miles

North First Street Lot

0.12 miles

Laura Apartments Parking

0.52 miles

Whitehall Apartments Garage

0.53 miles

Outpatient Dialysis Visitor Parking

0.67 miles

Parkette 151

0.71 miles

Campus Center

0.75 miles

A21

0.78 miles

Parkette 154

0.79 miles

Walgreens

0.23 miles

Christie Clinic Radiation Oncology

0.24 miles

Christie Clinic

0.28 miles

Fire Station #1

0.38 miles

CVS Pharmacy

0.63 miles

OSF Heart of Mary Medical Center

0.78 miles

Green Street Substation

0.78 miles

The Pavilion Behavioral Health System

0.83 miles

CampusTown Urgent Care

0.87 miles

Ko-Fusion

0.06 miles

Black Dog

0.07 miles

Big Grove Tavern

0.09 miles

Guido's

0.10 miles

Nando Milano

0.11 miles

Sam's Cafe

0.11 miles

Neil Street Blues

0.12 miles

Maize

0.13 miles

Pizzeria Antica

0.13 miles

312 N Walnut St Listing Summary

  • The Price for Industrial Space at 312 N Walnut St

    As is true of most real estate, the asking price for industrial space can vary based on factors such as the property location, proximity to transportation and shipping hubs, the property age, quality rating, and onsite facilities and features. At 312 N Walnut St, the asking rate is $15.00 - $20.00/SF/YR.

  • Industrial Space Options at 312 N Walnut St

    312 N Walnut St was completed in 1923. The facility offers a total of 0 square feet of rentable industrial space. Leasing opportunities here include Flex - Industrial space.

  • Key Amenities and Features at 312 N Walnut St

    The property at 312 N Walnut St features climate-control technology, and more.

Contact Listing Broker
Alan Nudo

Coldwell Banker Commercial Devonshire Realty

  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.