Property profile

401 Neil St Champaign, IL 61820

OFF-MARKET
Retail space
Property ID
US28-1436425
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property is a corner lot in Champaign, Illinois, located adjacent to the University of Illinois at Urbana-Champaign (UIUC) campus on the south end of downtown, positioned along a commuter route from multiple directions. It is zoned CB1 for medium-intensity retail, service, and office development, including allowances for residential, parking, and institutional uses. The approximate developable space is 15,483 square feet, and the lot size is 0.36 acres. Reported traffic counts include 11,200 AADT eastbound and 12,000 AADT westbound on Springfield Avenue, and 15,200 AADT southbound and 18,500 AADT northbound on Neil Street.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
APN 432013203003
UPID US28-1436425

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Parking Lot & Garage
  • (Bike/Boat/Book/etc) Store

Location

401 Neil St Champaign, IL 61820-5217
Champaign metro Census 11002 CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2026
7 recorded transactions
2026
$500,000
2025
$425,000
2024
Price N/A
2017
Price N/A
2017
$2.3M
2014
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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