Downtown Champaign Commercial
For Sale
$1,500,000
114 & 120 S Neil St, Champaign, IL 61820
Prominent commercial space in Downtown Champaign near popular venues.
Days on Market148
Property Features for 114 & 120 S Neil St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
(217) 841-4382
Listed By:
Alex Ruggieri, CRE,SEC, CCIM, CIPS, FIABSI, GRI
(217) 841-4382
Source:
Svn
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 1 at 5:23AM
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 Alex Ruggieri, CRE,SEC, CCIM, CIPS, FIABSI, GRI
Investment Insights
Based on property information with market context.
Located in the center of Downtown Champaign at 114 S Neil St, this commercial space is surrounded by restaurants, bars, entertainment venues, and mixed-use developments. The property features a flexible, open layout suitable for food and beverage concepts, experiential retail, or other customer-focused uses. High visibility and strong pedestrian activity, along with proximity to the University of Illinois, contribute to a steady flow of students, professionals, and local residents. This location offers an opportunity for operators and investors seeking exposure in one of Champaign's active districts, with continued downtown growth and increasing demand for walkable urban experiences.
Key Highlights
- Prime Downtown Champaign location with high visibility and strong pedestrian traffic.
- Flexible, open layout suitable for various commercial uses.
- Close proximity to the University of Illinois, ensuring a steady customer base.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,534
Businesses Nearby
Explore this area
Business Placement
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 Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Prominent commercial space in Downtown Champaign near popular venues.
Where is this retail space located?
The property is located at 114 & 120 S Neil St Champaign, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime Downtown Champaign location with high visibility and strong pedestrian traffic.; Flexible, open layout suitable for various commercial uses.; Close proximity to the University of Illinois, ensuring a steady customer base.
