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Downtown Mixed-Use Building
For Sale
Contact for pricing
Pending

110-120 N Neil St, Champaign, IL 61820

Mixed-use property with commercial businesses, residential lofts, and an adjacent patio/courtyard lot.

Property SizeContact for details
Days on Market150

Property Features for 110-120 N Neil St

General Information

Standard status Pending
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Multifamily Units 7
Listing Agency: Erwin, Martinkus, & Cole, Ltd
Listed By: Jeffery Wampler · License #IL 471017535
Source: Crexi
Added: Apr 10 Changed: Aug 26 Last Checked: Sep 2 at 4:56AM

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 Erwin, Martinkus, & Cole, Ltd

Investment Insights

Based on property information with market context.

110-120 N Neil is a mixed-use property offering 5 commercial businesses and 7 residential lofts. The building also includes an adjacent lot used as a patio/courtyard area.

The property is described as being conveniently located in the heart of downtown Champaign.

The combination of street-level commercial space and residential lofts, along with the outdoor patio/courtyard area, creates a versatile setup for a buyer seeking a single asset with multiple income components.

Key Highlights

  • Mixed‑use property in downtown Champaign at 110‑120 N Neil
  • Includes 5 commercial businesses and 7 residential lofts
  • Adjacent lot used for patio/courtyard area

Property Analytics

Current Use

Retail space

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

7
Residential units

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed-use property with commercial businesses, residential lofts, and an adjacent patio/courtyard lot.
Where is this apartment building located?
The property is located at 110-120 N Neil St Champaign, IL.
What are key features of this property?
This property features: Mixed‑use property in downtown Champaign at 110‑120 N Neil; Includes 5 commercial businesses and 7 residential lofts; Adjacent lot used for patio/courtyard area
More about this property
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