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Historic Office Building
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106 S Neil St, Champaign, IL 61820

Renovated masonry property with hardwood floors, tall ceilings, and flexible space across multiple levels.

Property SizeContact for details
Days on Market143

Property Features for 106 S Neil St

General Information

Standard status Active
Property subtype Office

Building Details

Year Renovated 1989
Buildings 1
Construction masonry
Tenancy Multi
Listing Agency: Guth & Associates
Listed By: Jill Guth · License #IL 471.020488
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Guth & Associates

Investment Insights

Based on property information with market context.

This historic office property combines solid masonry construction with interior features including hardwood flooring, tall ceilings, and detailed architectural finishes. Originally built in 1904 and 1906, the building received a renovation in 1989 led by architect Jake Baker. Existing occupancy includes Surface 51, which leases more than 7,900 square feet across two floors, along with another user occupying 1,000 SF on the second floor.

The property is located at 106 S Neil St in Downtown Champaign, just south of the University Avenue and Neil Street intersection. Downtown access is immediate, while the University of Illinois campus is a few blocks away. Two additional east-side suites at 105 S Walnut are being marketed for lease, providing further space within the overall property for occupancy or leasing.

Key Highlights

  • Historic office property built in 1904 and 1906
  • 1989 renovation led by architect Jake Baker
  • Solid masonry construction with hardwood floors and tall ceilings

Property Analytics

Current Use

Precision Graphics Marketing & Advertising Surface 51 Advertising Agency

Suggested Use

Top Pick Auto Parts Store Electrical Service Grocery & Convenience Store Storage Facility Furniture & Home Goods Pet Grooming 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,534
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?
Office building - Renovated masonry property with hardwood floors, tall ceilings, and flexible space across multiple levels.
Where is this office building located?
The property is located at 106 S Neil St Champaign, IL.
What are key features of this property?
This property features: Historic office property built in 1904 and 1906; 1989 renovation led by architect Jake Baker; Solid masonry construction with hardwood floors and tall ceilings
(217) 355-2545 Call to check price and availability
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