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Retail Space with Commercial Kitchen
For Lease
Contact for pricing

2006 South Neil Street, Champaign, IL 61820

Open dining and retail areas support food-service and other commercial concepts.

Space Size2,970 SF
Property Size8,382 SF
Days on Market130

Property Features for 2006 South Neil Street

General Information

Standard status Active
Size 2,970 SF
Class B
Property subtype Retail, Restaurant
Lease Type Modified Gross

Building Details

Building Size 8,382 SF
Year Built 2000
Tenancy Multiple

Spaces For Lease

at 2006 South Neil Street Contact us

2006 - 2010 S Neil Street

Size
2,970 SF
Type
Restaurant, Retail
Rate
Contact for pricing
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Guth & Associates
Listed By: Jill Guth · License #IL 471.020488
Source: Crexi
Added: Apr 23 Changed: Aug 30 Last Checked: Aug 30 at 5:47AM

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.

Available retail space at 2006 South Neil Street includes 2,970 square feet configured with open dining and merchandising areas. The property was previously operated as a sit-down restaurant and retains infrastructure suited to food-service operations, including a commercial kitchen with two 8-foot exhaust hoods, a walk-in cooler, a three-compartment sink, and dedicated hand sinks. On-site parking is also provided.

The property is positioned along South Neil Street in Champaign, minutes from the University of Illinois campus. Its location offers access to student and local consumer activity, while the existing restaurant improvements may help reduce the scope of work required for a qualifying food-service user. Constructed in 2000, the space can accommodate retail or restaurant use based on its open layout and installed kitchen equipment.

Key Highlights

  • 2,970‑square‑foot retail space at 2006 South Neil Street
  • Commercial kitchen with two 8‑foot exhaust hoods
  • Walk‑in cooler and three‑compartment sink with dedicated hand sinks

Property Analytics

Current Use

Apricity Ink Marketing & Advertising The CU Flower House (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store HVAC Service Furniture & Home Goods

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
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,135
Businesses Nearby
98k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 89% Shops & Services 8% Electronics 3%
McDonald's Dining
45,180 visits/mo 0.3 miles
Taco Bell Dining
17,563 visits/mo 0.2 miles
Starbucks Dining
10,657 visits/mo 0.1 miles
Smoothie King Dining
4,022 visits/mo 0.1 miles
Moe's Southwest Grill Dining
3,939 visits/mo 0.2 miles

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

Lease Benchmarks for Champaign, IL

$18.13 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
10,927 SF
Avg Space Size

This space is priced 49% above the average of $18.13 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Open dining and retail areas support food-service and other commercial concepts.
Where is this retail space located?
The property is located at 2006 South Neil Street Champaign, IL.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: 2,970‑square‑foot retail space at 2006 South Neil Street; Commercial kitchen with two 8‑foot exhaust hoods; Walk‑in cooler and three‑compartment sink with dedicated hand sinks
(217) 355-2545 Call to check price and availability
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