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  1. Industrial Space
  2. IL
  3. Champaign

312 N Walnut St

For Lease 12,900 SF

312 N Walnut St, Champaign, IL 61820

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 Type Flex - Industrial
  • Lease Type NNN
  • Latest Update Aug 14, 2026
Want more info on this listing?

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

True

1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
Space Available Flex - Industrial $15.00 - $20.00/SF/YR 12,900 SF - NNN

Space Available

Space Type

Flex - Industrial

Lease Rate

$15.00 - $20.00/SF/YR

Additional Rent

Price on request

Total Space Available

12,900 SF

Min Divisible

12,900 SF

Lease Type

NNN

Sublease

No

Build Type

Full build out

Space Available

Space Type
Flex - Industrial
Lease Rate
$15.00 - $20.00/SF/YR
Total Space
12,900 SF
Lease Type
NNN
Space Type

Flex - Industrial

Lease Rate

$15.00 - $20.00/SF/YR

Additional Rent

Price on request

Total Space Available

12,900 SF

Min Divisible

12,900 SF

Lease Type

NNN

Sublease

No

Build Type

Full build out

Contacts

broker
Alan Nudo

Coldwell Banker Commercial Devonshire Realty

Building Details

  • For Lease $15.00 - $20.00/SF/YR
  • Property Type Industrial - Flex - Industrial
  • Additional Rent Price on request
  • # of Floors 2
  • Year Built 1923
  • Date Updated Aug 14, 2026

Location

  • City Champaign, IL
  • Neighborhood Downtown Champaign
  • Zip Code 61820
  • Map
  • Street
  • Walk score 89/100 Very Walkable
  • Transit score 57/100 Good Transit
  • Bike score 81/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Champaign-Urbana

0.18 miles

Circle K

0.60 miles

ChargePoint

0.92 miles

QuikTrip

0.96 miles

Shell

1.18 miles

Mobil

1.29 miles

Tesla Supercharger

2.15 miles

Main and Market

0.05 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

Champaign Police Department

0.18 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

Jupiter's Pizzeria & Billiards

0.04 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

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 Alan Nudo
broker
Alan Nudo

Coldwell Banker Commercial Devonshire Realty

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