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    110-120 N Neil St Champaign, IL 61820

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    For Lease
    $22 SF/Yr ($2,691 /Mo)

    Retail space with kitchen, restrooms, and outdoor seating.

    Property size:
    1,468 SF
    Lot size:
    0.23 Acres

    Property Features for 110-120 N Neil St

    General Information

    Size
    1,468 SF
    Lot size
    0.23 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent Richard Harrington

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Retail Space with Patio

    This property offers 1,468 square feet of open retail space. It includes a built-out kitchen and serving areas, along with two restrooms. A dedicated patio provides space for outdoor seating. The property is located in downtown Champaign, with frontage on North Neil Street. The location benefits from high visibility and is surrounded by a mix of local businesses. This space is suitable for retail or restaurant use.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2432659
    Latitude
    40.11588

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    FAQs

    What type of property is this?
    Retail space - Retail space with kitchen, restrooms, and outdoor seating.
    Where is this retail space located?
    The property is located at 110-120 N Neil St Champaign, IL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible location with frontage on North Neil Street in the heart of downtown.; - 1,468 SF of open retail space.; - Built-out kitchen and serving areas.
    (217) 352-7712
    Request Owner's contact information
    110-120 N Neil St Champaign, IL 61820
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    Champaign, IL 61820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    110-120 N Neil St Champaign, IL 61820
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