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Property profile & analytics

205 Neil St Champaign, IL 61820

  • Retail properties
  • 4,655 SF
Value Estimation
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 205 Neil St

Property size
4,655 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional 4,655-square-foot Class A office space, located at 205 N Neil St in Downtown Champaign, IL 61820, is a blank vanilla box ready for build-to-suit customization. The two-story building, renovated in 2024, offers a single-tenant occupancy and is ideally suited for a variety of uses including traditional office, executive office, coworking, medical office, or creative office spaces. The space boasts expansive ceiling heights, over 4,000 square feet of basement storage, and is ADA compliant. Modern heating and cooling systems ensure year-round comfort. Its prime downtown location provides easy access to public transportation, ample parking, and numerous nearby amenities. This versatile space presents a unique opportunity to create a perfectly tailored workspace to meet specific business needs. The property is situated in a mixed-use building within the vibrant Downtown Champaign submarket. Note that this property is eligible for consideration under the Illinois Back to Business (B2B) program, offering potential grant funding opportunities for qualifying businesses.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.2436
Latitude
40.1176
More about this property
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