Laboratory/Office

1306 & 1308 Parkland Ct, Champaign, IL 61821

Property Information

  • For Sale $5,300,000
  • Property Type Other
  • Property Size 31,118 SF
  • Lot Size 1.9 Acre
  • Parking Spaces Avail. 80
  • Date Updated Mar 2, 2026

Description

Discover the vibrant city of Champaign, IL, home to a thriving business community and renowned academic institutions. The area boasts convenient access to major transportation routes, making it an ideal location for a multi-use, office/laboratory/warehouse investment. Nearby points of interest include the University of Illinois Research Park, providing opportunities for collaboration and innovation, and the bustling dining and entertainment scene in downtown Champaign. With a rich tapestry of cultural attractions, shopping centers, and green spaces, the dynamic environment surrounding the location offers a prime setting for a successful commercial venture.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.

Highlights

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

Contacts

Alex Ruggieri, CRE,SEC, CCIM, CIPS, FIABSI, GRI

SVN | North Star

Location

Located at 1306 & 1308 Parkland Ct, Champaign, IL 61821, this property is part of the Parkland,Parkland Ridge neighborhood.

Contact Listing Broker
Alex Ruggieri, CRE,SEC, CCIM, CIPS, FIABSI, GRI

SVN | North Star

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