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Retail Space with Food-Service Buildout

2024 S Neil Street, Champaign, IL 61820

For Lease
Contact for pricing

The suite includes commercial kitchen equipment, two restrooms, and a configuration that can be divided into smaller spaces.

Space Size890 SF
Days on Market217

Property Features for 2024 S Neil Street

General Information

Standard status Active
Size 890 SF
Net Rentable 890 SF
Zoning COMMR

Space & Availability

Available Space 890 SF
Divisible Yes
Space Use Grocery

Taxes and HOA fees

Annual Taxes $75,268

Amenities

small kitchen outfitted with a 3-compartment sink
two refrigeration units
a stove
a 6-foot exhaust hood with Ansul system
hand sinks
two restrooms

Building Details

Year Built 2000
Stories 1
Listing Agency: GUTH & ASSOCIATES, LLC
Listed By: Jill Guth · License #471020488
Source: Amberrealty
Added: Apr 7 Changed: Nov 2 Last Checked: Nov 9 at 2:44AM

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, LLC

Rey
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Investment Insights

Based on property information with market context.

This retail suite is configured for food service or grocery use and includes a small kitchen with a 3-compartment sink, two refrigeration units, a stove, a 6-foot exhaust hood with an Ansul system, and hand sinks. Two restrooms are also included. The premises can be divided into spaces as small as 890 square feet, while ownership prefers to lease the full suite.

The property is on South Neil Street in Champaign, with expansive windows and frontage along the street. Tenants are responsible for utilities. The building was constructed in 2000 and is zoned COMMR.

Key Highlights

  • Food‑service or grocery configuration with kitchen equipment
  • 6‑foot exhaust hood with Ansul system
  • Two restrooms

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop HVAC Service Hair Salon

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

Location Intelligence

Trade Area within ½ mile

1,201
Businesses Nearby
132k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 92% Shops & Services 6% Electronics 2%
McDonald's Dining
45,180 visits/mo 0.5 miles
Culver's Dining
27,659 visits/mo 0.4 miles
Taco Bell Dining
17,563 visits/mo 0.4 miles
Starbucks Dining
10,657 visits/mo 0.1 miles
Arby's Dining
8,436 visits/mo 0.4 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

$18.8 /SF/Yr
Avg Asking Price
$17–$23 /SF/Yr
Price Range
9,613 SF
Avg Space Size

Properties on Market for Retail space in Champaign

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The suite includes commercial kitchen equipment, two restrooms, and a configuration that can be divided into smaller spaces.
Where is this retail space located?
The property is located at 2024 S Neil Street Champaign, IL.
What are key features of this property?
This property features: Food‑service or grocery configuration with kitchen equipment; 6‑foot exhaust hood with Ansul system; Two restrooms
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