1512 N Neil St, Champaign, IL 61820

Listing office Hartman Capital LLC

Listing date Jun 12, 2024

Source Crexi

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Overview

This premier development opportunity is located in Champaign, Illinois, at the signalized intersection of Neil Street and Interstate 74. The site, encompassing approximately 3.2 acres, offers high visibility and traffic exposure. The property consists of three contiguous parcels, including two zoned CG (Commercial General) and one zoned SF-1. The zoning allows for a range of permitted uses such as restaurants, hotels, medical offices, automotive services, and retail centers. Daily traffic counts exceed 74,000 vehicles. The location is surrounded by national retailers including Costco, T.J. Maxx, Olive Garden, Crunch Fitness, and Panera, and is minutes from downtown Champaign and the University of Illinois. This site is suitable for commercial, mixed-use, hospitality, or retail development and is located in a rapidly growing commercial district.

Suggested Use

Accounting Firm Electrical Service Pet Store Barber Shop (Bike/Boat/Book/etc) Store Tanning Salon Farmer's Market Kitchen & Bath Showroom Bed & Breakfast Clothing & Fashion Store

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

Location Insight

• Map
• Local Demand

City

Champaign

County

Champaign

State

Illinois

Longitude

-88.2426729

Latitude

40.1322915

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FAQs

What type of property is this?

Commercial land - Prime 3.2-acre site near I-74 in Champaign, Illinois.

Where is this commercial land located?

The property is located at 1512 N Neil St Champaign, IL.

What is the asking price?

The asking price for this property is $2,300,000.

What are key features of this property?

This property features: Premier development opportunity with exceptional visibility and high traffic exposure.; Flexible zoning allows for a broad range of commercial, mixed‑use, hospitality, or retail developments.; Located in a rapidly growing commercial corridor surrounded by national retailers.