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401 S Neil St Champaign, IL 61820

For Lease
$20 SF/Yr

Commercial Lease - Champaign, IL

Days on Market:
16
Last Refresh:
Dec 5 at 11:06 pm

Property Features for 401 S Neil St

General Information

Property type
Commercial Lease
Property subtype
Other
Standard status
Active
Zoning
RTAIL

Building Details

Year built
2026
Architectural style
Other

Keller Williams The Real Estate Center of Illinois, LLC (217) 356-6100 [email protected]

Listing agent Mark Panno (217) 356-6100 License #475164947

Listing date Nov 20, 2025

MLS# 12521356 Listing URL

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Champaign Commercial Land For Lease

This commercial land is available for lease in a desirable Champaign location. Situated on a highly trafficked corner adjacent to the University of Illinois at Urbana-Champaign (UIUC) campus and on the south end of downtown Champaign, the location benefits from commuter traffic from four directions. The property is zoned CB1, which allows for medium-intensity retail, service, and office development, along with housing, parking, and institutional uses. The developable space is approximately 15,483 square feet. Traffic counts are as follows: Springfield Avenue eastbound sees 11,200 AADT, and westbound sees 12,000 AADT. Neil Street southbound sees 15,200 AADT, and northbound sees 18,500 AADT. The property is offered for build-to-suit or land lease.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Neil Street & Washington Parking Lot Concord Custom Cleaners Dry Cleaner

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.2438432
Latitude
40.1123209

FAQs

What type of property is this?
Commercial land - Highly trafficked corner lot near UIUC campus available for lease.
Where is this commercial land located?
The property is located at 401 S Neil St Champaign, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: - Highly trafficked corner location adjacent to UIUC campus and the south end of downtown Champaign.; - Located on a commuter route from four directions.; - CB1 Zoning allows for medium intensity retail, service, and office development, along with housing, parking, and institutional uses.
More about this property
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