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Former Bank Building with Drive-Through
For Lease
Contact for pricing

1001 S Neil Street, Champaign, IL 61820

COMMERCIAL - Champaign, IL

Space Size2,650 SF
Lot Size0.44 Acres
Days on Market132

Property Features for 1001 S Neil Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions Situated on the corner of S Neil St. and Stanage Ave.
Subdivision Champaign, Savoy
Standard status Active
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
Legal Description Lots 5, 6, 7 Block 2 Wilson, T.D. Sub Pt Lt 4 Sub S1/2 13-19-8

Utilities

Cooling system Central Air

Amenities

drive-through
lobby
lounge area
on-site parking

Building Details

Year built 1974
Floors in Building 1
Number of units 1
Listing Agency: Green Street Realty
Listed By: Shannon Collins · License #ILLINOIS475.178418
Added: Apr 2 Changed: Aug 4 Last Checked: Aug 11 at 7:06AM
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-square-foot former bank building offers a practical layout for customer-facing or professional operations. The interior includes four private offices, with two large enough for conference-room use, along with a lobby featuring an existing teller counter. A separate divided lounge provides additional staff or client space, while the drive-through configuration supports continued banking use or other service-oriented operations. Central air serves the property, which was built in 1974 and is zoned COMMR.

The building is located at 1001 S Neil Street in Champaign, just off S. Neil Street, with on-site parking for employees and customers. Its existing configuration can accommodate banking, medical, office, retail, or service-based uses as described in the property information.

Key Highlights

  • 2,650 SF former bank property
  • Four private offices, including two large enough for conference‑room use
  • Existing teller counter in the customer lobby

Property Analytics

Current Use

Clock Tower Community ... Bank

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service Storage Facility Auto Parts Store Pet Grooming Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,169
Businesses Nearby

Demographics for 61820, IL

40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Flexible layout includes private offices, customer lobby, lounge space, and on-site parking.
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: 2,650 SF former bank property; Four private offices, including two large enough for conference‑room use; Existing teller counter in the customer lobby
More about this property
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