Downtown Champaign Commercial
For Lease
Contact for pricing
205 N Neil Street, Champaign, IL 61820
4,655 SF space with customizable interior in downtown Champaign.
Space Size4,655 SF
Days on Market1230
Property Features for 205 N Neil Street
General Information
Standard status
Active
Size
4,655 SF
Class
A
Property subtype
Retail
Building Details
Building Size
4,655 SF
Year Built
1918
Tenancy
Single
Spaces For Lease
at 205 N Neil Street Contact us- Size
- 4,655 SF
- Availability
- Active
Available Space
Listing Agency:
Trautman Real Estate Agency & Appraisal, LLC
Listed By:
PJ Trautman · License #471.018644
(217) 352-1234
Source:
Crexi
Added: Apr 26, 2023
Changed: Sep 5
Last Checked: Sep 4 at 6:41PM
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 Trautman Real Estate Agency & Appraisal, LLC
Investment Insights
Based on property information with market context.
This 4,655 square foot commercial space is located in downtown Champaign. The space includes over 4,000 square feet of basement storage. It is situated in a mixed-use building with easy access to public transportation, parking, shops, and restaurants. The space is ADA compliant and features expansive ceiling heights, along with heating and cooling systems for year-round comfort. Currently, the space is a blank vanilla box, offering complete freedom to design and customize the interior. Build-to-suit options are available to tailor the space. This property offers visibility, flexibility, and affordability in a commercial district.
Key Highlights
- Deeply discounted introductory lease rate of $7/SF for the first year.
- Large 4,655 SF main level space.
- Blank vanilla box space allows for complete customization.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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
Lease Benchmarks for Champaign, IL
$18.5 /SF/Yr
Avg Asking Price
$15–$23 /SF/Yr
Price Range
9,919 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 4,655 SF space with customizable interior in downtown Champaign.
Where is this retail space located?
The property is located at 205 N Neil Street Champaign, IL.
What are key features of this property?
This property features: Deeply discounted introductory lease rate of $7/SF for the first year.; Large 4,655 SF main level space.; Blank vanilla box space allows for complete customization.
