1905 Neil StChampaign, IL 61820

  • Retail properties
For Lease
$25/SF/YR View listing

Property Details for 1905 Neil St

Property type
Retail properties
Property subtype
Turn key restaurants
APN
412001204002
APU
412001204002

Description

This exceptional 5,200-square-foot freestanding retail building presents a unique investment opportunity in a high-traffic location. Previously used as a restaurant, the property boasts a convenient drive-thru, ample parking accommodating 62 vehicles, and sits on a sizable 1.52-acre lot. Its strategic placement directly across from Market Place Mall, Costco, and Dick's House of Sport ensures high visibility and accessibility. The property's proximity to Interstate 74 (less than one mile) further enhances its appeal to a wide range of potential tenants. The building is zoned CG - Commercial General, offering flexibility for various retail uses. The entire 5,200 square feet is currently vacant, providing a blank canvas for a new business to establish its presence. For qualified tenants, attractive tenant improvement packages are available. This single-tenant building represents a compelling chance to capitalize on a prime retail location within one of Champaign's most vibrant shopping areas. The property's size and location make it ideal for a variety of retail concepts seeking high visibility and convenient access for customers. The ample parking and drive-thru further enhance its operational efficiency and customer convenience.

1905 Neil St, Champaign, Illinois
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Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.1398
Longitude
-88.2458
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
$30,003
$143,680
$189,030
$332,710
-
$431,040
$567,090
$998,130

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