Listing Agency: One Main Management, LLC

Listed By: Dave Jones · License #IL 475.192579

Source: Crexi

Added: Oct 7, 2021 Changed: Aug 8 Last Checked: Aug 20 at 5:26PM

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Investment Insights

Based on property information with market context.

This commercial lot is located in downtown Champaign, Illinois, at the corner of N Neil Street and Washington Street. The property experiences high vehicle and pedestrian traffic. It is situated between and less than a mile from Interstate 74 and the University of Illinois campus.

Key Highlights

• Located in downtown Champaign
• Corner lot on N Neil Street and Washington Street
• High vehicle and pedestrian traffic

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Butcher Nursing Home Tanning 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.

Location Intelligence

Trade Area within ½ mile

2,334

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial lot in downtown Champaign with high traffic.

Where is this commercial land located?

The property is located at 502 N Neil St Champaign, IL.

What is the asking price?

The asking price for this property is $849,000.

What are key features of this property?

This property features: Located in downtown Champaign; Corner lot on N Neil Street and Washington Street; High vehicle and pedestrian traffic