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    301 Neil St Champaign, IL 61820

    Sponsored
    For Lease
    $14,400 /Mo

    Downtown Champaign Office Space, 309 sq ft

    Lot size:
    309 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-tenant office space, located at 301 N Neil St in downtown Champaign, Illinois, 61820, offers 309 square feet of prime commercial real estate. The property is categorized as both Executive Office and Traditional Office space, providing a versatile solution for a variety of business needs. The suite is ideal for a single tenant and features a professional and efficient layout. Amenities included are full-service access to phone and internet connectivity, copy services, a mail room, and access to conference rooms. A central reception desk provides professional client greeting and phone answering services, enhancing the overall image and efficiency of your business. This location in the heart of downtown Champaign offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prestigious address. The space is ready for immediate occupancy. The property is easily accessible via major roadways and is situated within walking distance of numerous restaurants, shops, and other amenities. This is a unique opportunity to secure a well-appointed office space in a vibrant and desirable location.

    Property Features for 301 Neil St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    309 SF
    Total Rate
    14400

    Unit(s) available at that property

    Space
    Size
    309 SF
    Rate per SF
    $14,400
    Property Profile Location Intelligence

    Current Use by Public Records

    Hoodle Contractor BKB Engineering Civil Engineer EMLab Solutions, Inc Software Company Aqueous Solutions LLC Software Company Lester Financial Group Financial Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.243561975163
    Latitude
    40.118629920815

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Champaign Office Space, 309 sq ft
    Where is this office property / space located?
    The property is located at 301 Neil St Champaign, IL.
    What is the lease rate?
    The lease rate is $14,400 /Mo.
    Request Owner's contact information
    301 Neil St Champaign, IL 61820
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    Champaign, IL 61820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 Neil St Champaign, IL 61820
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