2003 Neil StChampaign, IL 61820

  • Other commercial real estate
  • 0.97 AC
For Lease
$29/SF/YR View listing

Property Details for 2003 Neil St

Lot size
0.97 AC
Property type
Other commercial real estate
APN
452024251024
APU
452024251024

Description

This exceptional 1,420-square-foot retail space is situated within a 13,959-square-foot, Class A, single-story building constructed in 2017. Located at 2003 S Neil St, Champaign, IL 61820, this unit offers a highly desirable open floor plan, perfect for a variety of businesses. Features include a reception area, restroom, small office, and a large central open area. The space is equipped with a 3.5-ton HVAC unit and robust 3-phase, 4-wire, 225-amp, 208V electrical service. A sprinkler system ensures safety. Benefit from high visibility and easy accessibility, with prominent signage opportunities on the building facade and pylon sign. This property is part of the Carriage Center development, a thriving 17-acre commercial hub on the Neil Street corridor, anchored by Harvest Market and surrounded by numerous other businesses including Ace Hardware, Home2 Suites by Hilton, Starbucks, and more. Its strategic location near the University of Illinois (56,000+ students and 11,000+ faculty/staff), a major office park, and the University of Illinois Research Park ensures high foot traffic and a strong customer base. The property is zoned CG - Commercial General (APN: 45-20-24-251-023, 024, Champaign County). This is a rare opportunity to establish your business in a vibrant and high-traffic area. Minimum leaseable space is 1,420 square feet.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,542,629
    Hospitality
    $14,236,965
    Educational
    $11,844,988
    Medical
    $12,252,355
    Retail
    $18,425,536
2003 Neil St, Champaign, Illinois
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Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.0921
Longitude
-88.2462
CBSA code
16580
CBSA name
CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26,009
$44,510
$243,900
$288,410
-
$133,530
$731,700
$865,230

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