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Property profile & analytics

1005 Neil St Champaign, IL 61820

  • Commercial real estate
For Lease
Last Sale
Aug 20, 2020
$1,807,000
Value Estimations
$1,805,000
Cap Rate Potential
Location Intelligence
Property ID
US28-5780027
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • CU Property Management / Property Management Company
  • LIVE Real Estate Group / Real Estate Agency
  • El Toro / Restaurant
  • Jonathan Gossett - LIVE Real Estate Group / Real Estate Agency
  • Apricot Lane Boutique / Clothing & Fashion Store

Property Details for 1005 Neil St

Property type
Commercial real estate
APN
432013406014
APU
432013406014

Description

This exceptional Class A retail or office space, located at 1005 S Neil St, Champaign, IL 61820, offers 1,105 square feet of versatile space within a newly constructed (2020) single-story building. The property is part of a three-suite strip center situated on the high-traffic Neil Street Corridor, boasting an average daily traffic count of 20,800 vehicles. The suite features an open-concept layout with a smaller back-office area, providing flexibility for various business needs. The space can be easily reconfigured to accommodate private offices or maintained as an open retail or office space, catering to diverse business requirements. Ample on-site parking is available for tenants and customers. The location benefits from excellent proximity to the University of Illinois and its sporting venues, while remaining conveniently close to downtown Champaign. The total building size is 5,868 square feet, with a minimum divisible space of 1,105 square feet and a maximum contiguous space of 1,105 square feet. The property is zoned for commercial use and is cross-street accessible via Avondale. This prime location and modern amenities make this an ideal opportunity for businesses seeking high visibility and convenient access to a thriving community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,945,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.244
Latitude
40.1044
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
$29,907
$108,470
$223,170
$331,640
-
$325,410
$669,510
$994,920
More about this property
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