Move-In Ready Retail
For Lease
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723 S Neil St, Champaign, IL 61820
Move-in ready retail space includes an open plan, drop ceiling, lighting, and direct access from Williams St or the west entrance.
Space Size2,140 SF
Days on Market135
Property Features for 723 S Neil St
General Information
Standard status
Active
Size
2,140 SF
Property subtype
RETAIL
Lease Type
Gross
Spaces For Lease
at 723 S Neil St Contact us- Floor
- 1
- Size
- 2,140 SF
- Type
- RETAIL
- Lease Type
- GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
723 S Neil St $16/SF/Yr
- The space is move in ready with stained concrete floorings, drop ceiling and lighting...
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Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 352-7712
Listed By:
Zach Wetherell
(217) 821-8553
Source:
Moodyscre
Added: Apr 24
Changed: Aug 25
Last Checked: Sep 5 at 11:06AM
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 move-in ready retail suite offers stained concrete flooring, a drop ceiling with lighting in place, and an open floor plan sized for a single tenant. The space also includes a large bank vault that could be adapted for an office, storage room, or another distinctive feature within the unit. Common area restrooms are available for occupants and customers.
The suite has direct access from Williams St, and customers may also use the west entrance to the building. Signage is available above the facade of the space and along Neil Street.
The suite has direct access from Williams St, and customers may also use the west entrance to the building. Signage is available above the facade of the space and along Neil Street.
Key Highlights
- Move‑in ready retail space with stained concrete floors, drop ceiling, and lighting in place
- 2,140 SF open floor plan
- Large bank vault included—can be converted into an office or storage room
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,508
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Meatheads
Dining
5,136 visits/mo
0.4 miles
Papa John's Pizza
Dining
2,333 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
$18.5 /SF/Yr
Avg Asking Price
$15–$23 /SF/Yr
Price Range
9,919 SF
Avg Space Size
This space is priced 14% below the average of $18.5 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Move-in ready retail space includes an open plan, drop ceiling, lighting, and direct access from Williams St or the west entrance.
Where is this retail space located?
The property is located at 723 S Neil St Champaign, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Move‑in ready retail space with stained concrete floors, drop ceiling, and lighting in place; 2,140 SF open floor plan; Large bank vault included—can be converted into an office or storage room
