Downtown Champaign Office Space
For Lease
Contact for pricing
102 S Neil St, Champaign, IL 61820
Affordable office suite in downtown Champaign's busy business district.
Space Size20,000 SF
Days on Market1506
Property Features for 102 S Neil St
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
20,000 SF
Year Built
1902
Tenancy
Multiple
Spaces For Lease
at 102 S Neil St Contact us- Type
- Office
- Lease Type
- NNN
- Availability
- Active
2nd Floor Office Suite
- Size
- 20,000 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
Listed By:
Alan Nudo · License #475.122494
Source:
Crexi
Added: Jul 8, 2022
Changed: Aug 18
Last Checked: Aug 20 at 2:58PM
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.
Located in the heart of downtown Champaign's busy Business District, this affordable 2nd-floor office suite is strategically positioned on the high-traffic corner of Neil Street and University Avenue. The location offers high street visibility. The entire exterior of the building has been renovated. The entire first floor is leased to a high-profile architect firm. The 2nd-floor space is sub-dividable, potentially accommodating two tenants. The building features common male and female bathrooms. An elevator will be added at the time of lease. The landlord is open to working with tenants to provide specific fit-up updates based on their needs and requirements, or tenants can opt to take the suite 'as-is'. The surrounding area is home to many thriving restaurants and retail businesses, including Christie Clinic, Busey Bank, The Ax Bar, Esquire, and Cafe Kopi. The property is next to Christie Clinic, Busey Bank, and the City of Champaign Administration Building, at one of the highest vehicular traffic intersections in Champaign.
Key Highlights
- Strategic location at a high‑traffic intersection (Neil Street and University Avenue) in downtown Champaign's Business District, offering high street visibility.
- Proximity to major businesses and institutions like Christie Clinic, Busey Bank, and the City of Champaign Administration Building.
- Sub‑dividable 2nd‑floor space, potentially accommodating two tenants.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,534
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
Market
Lease Benchmarks for Champaign, IL
$44.14 /SF/Yr
Avg Asking Price
$13–$200 /SF/Yr
Price Range
6,177 SF
Avg Space Size
This space is priced 66% below the average of $44.14 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Affordable office suite in downtown Champaign's busy business district.
Where is this office units located?
The property is located at 102 S Neil St Champaign, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Strategic location at a high‑traffic intersection (Neil Street and University Avenue) in downtown Champaign's Business District, offering high street visibility.; Proximity to major businesses and institutions like Christie Clinic, Busey Bank, and the City of Champaign Administration Building.; Sub‑dividable 2nd‑floor space, potentially accommodating two tenants.
