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Versatile Commercial Space in Champaign

1001 S Neil Street Champaign, IL 61820

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COMMERCIAL - Champaign, IL

Type:Retail
Property size:
2,650 SF
Lot size:
0.44 Acres
Added:
Apr 2, 2026
Days on Market:
100
Last Refresh:
Jul 10 at 5:06 am

Property Features for 1001 S Neil Street

General Information

Property type
Commercial Lease
Property subtype
Retail
Zoning
COMMR
Standard status
Active
Size
2,650 SF
Lot size
0.44 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
Lots 5, 6, 7 Block 2 Wilson, T.D. Sub Pt Lt 4 Sub S1/2 13-19-8
Tax Annual Amount
19923

Utilities

Cooling system
Central Air

Building Details

Year built
1974
Floors in Building
1
Number of units
1

Listing agent Shannon Collins

Listing office Green Street Realty 510 S. Neil St., Champaign, IL

Listing date Apr 2, 2026

MLS# 12606357

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This 2,650 SF commercial property, formerly a bank, is located off S. Neil Street in an active commercial corridor in Champaign, IL. The property benefits from high visibility, accessibility, and ample on-site parking. The layout includes four private offices, two of which are large enough to serve as conference rooms. A lobby area with a teller counter is present, along with a divided lounge area. The property also features a drive-through setup. Suited for continued use as a bank or credit union, the layout can be adapted for medical, office, retail, or service-based businesses. The property is surrounded by growing retail and new business development. The lot size is 0.4438 acres.

Key Highlights

  • High‑traffic location off S. Neil Street with excellent visibility and accessibility.
  • Ample on‑site parking for employees and customers.
  • Versatile 2,650 SF layout adaptable for various business types (bank, medical, office, retail, service).

Property Analytics

Location Intelligence

Current Use by Public Records

Clock Tower Community ... Bank

Suggested Use

Grocery & Convenience Store Electrical Service Storage Facility Auto Parts Store Pet Grooming Service HVAC Service (Bike/Boat/Book/etc) Store Nursing Home Pet Store Tanning Salon

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

FAQs

What type of property is this?
Bank - Adaptable 2,650 SF space in a high-traffic commercial area.
Where is this bank located?
The property is located at 1001 S Neil Street Champaign, IL.
What are key features of this property?
This property features: High‑traffic location off S. Neil Street with excellent visibility and accessibility.; Ample on‑site parking for employees and customers.; Versatile 2,650 SF layout adaptable for various business types (bank, medical, office, retail, service).
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