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Separately Metered Retail Suite
New
For Lease
$18 SF/Yr

1903 N Neil St, Champaign, IL 61822

Built in 2013, the space includes separate utility metering and on-site parking for retail, service, or office use.

Space Size1,720 SF
Days on Market5

Property Features for 1903 N Neil St

General Information

Standard status Active
Size 1,720 SF
Property subtype Retail

Building Details

Building Size 1,720 SF
Year Built 2013

Spaces For Lease

at 1903 N Neil St
Space Available $18/SF/Yr
Size 1,720 SF
Type Retail
Lease Type NNN
Sublease No
Contact us
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Jay Sikorski · License #475135028
Source: Commercialcafe
Added: Oct 7 Changed: Oct 8 Last Checked: Oct 9 at 4:34PM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This 1,720-square-foot retail suite is part of a strip center at 1903 N Neil St in Champaign. Built in 2013, it is separately metered and has on-site parking. The space is suited to retail, service, medical, or professional office use.

The center sits at the main entrance to Market Place Shopping Center, with access from a signalized intersection on N Neil Street. Interstate 74 is nearby for regional connectivity.

Key Highlights

  • 1,720 SF retail suite
  • Built in 2013 and separately metered
  • On‑site parking at a strip center by the Market Place Shopping Center entrance

Property Analytics

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Open Analytics

Current Use

Lucky Lincoln Gaming Tech Support Center Sunny Spa Alternative Medicine Practice Bitcoin ATM Champaign ... Atm Hot Spot Slots ... Hotel & Motel Lacey's Place Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Plumbing Service Electrical Service Veterinary Clinic (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

802
Businesses Nearby
128k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 74% Office Supplies 15% Apparel 11%
Costco Wholesale Superstores
94,362 visits/mo 0.3 miles
Office Depot Office Supplies
19,225 visits/mo 0.2 miles
JCPenney Apparel
13,757 visits/mo 0.4 miles
Extra Space Storage Shops & Services
454 visits/mo 0.3 miles

Demographics for 61822, IL

25,091
Population
11,923
Households
2.1
Avg Household Size
38
Median Age
58%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
234
Density / Sq Mi
$97,044
Median Household Income
$55,385
Median Earnings
$1,265
Median Rent
$264,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Champaign, IL

$19 /SF/Yr
Avg Asking Price
$17–$23 /SF/Yr
Price Range
9,306 SF
Avg Space Size

This space is priced 5% below the average of $19 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Built in 2013, the space includes separate utility metering and on-site parking for retail, service, or office use.
Where is this retail space located?
The property is located at 1903 N Neil St Champaign, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1,720 SF retail suite; Built in 2013 and separately metered; On‑site parking at a strip center by the Market Place Shopping Center entrance
More about this property
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