Laboratory/Office

Investment Overview

Presenting a remarkable 1.85-acre parcel featuring three distinct buildings in the heart of Champaign, IL. The property includes 1306 Parkland Court, a 6,088 square foot building constructed in 1973, boasting two front and rear entrances, 400-amp electrical service, and forced warm air, natural gas furnaces, and central air conditioning. Additionally, the main building at 1308 Parkland Court, constructed in 2003, spans 25,000 square feet with 3,680 square feet of basement space. This building offers multiple offices ad multi-use rooms, ~4000 sq ft of laboratory space, warehouse space with a loading dock and overhead door, and a basement mechanical room with 800 amp electrical service, a sprinkler system, separate cooling system, and an elevator. The property also features a 3,584 square foot pole building with electricity, ideal for versatile uses.

Investment Highlights

• Zoned CI
• Prime location in Champaign
• 1.85-acre parcel
• Three buildings on site
• Main building with 25,000 SF plus 3,600 SF of basement space
• Additional warehouse and laboratory space
• 800-amp electrical service
• Forced warm air, natural gas furnaces, and central air conditioning
• Sprinkler system in the basement and elevator
• Loading dock and overhead door
• Propane-powered backup generator
• Pole building with electricity
• Constructed in 1973 and 2003
• 7.03% cap investment