Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1305 Neil St Champaign, IL 61820-6527

    • Turn key restaurants
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-1478832
    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

    • Meatheads / Hamburger Restaurant / Family Restaurant

    Property Details for 1305 Neil St

    Property type
    Turn key restaurants
    APN
    432013414017
    APU
    432013414017

    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
    -88.2445
    Latitude
    40.1015
    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
    $22,334
    $152,070
    $95,590
    $247,660
    -
    $456,210
    $286,770
    $742,980

    Comparable in this City

    • Value Estimation by Request

      134 Church St

      RESTAURANT
      134 Church St, Champaign, IL 61820-3511
      View Details
    • Value Estimation by Request

      10 Anthony Dr

      RESTAURANT
      10 Anthony Dr, Champaign, IL 61820-7802
      View Details
    • Value Estimation by Request

      1706 State St

      RESTAURANT
      1706 State St, Champaign, IL 61820-7241
      View Details
    • Value Estimation by Request

      1903 Convenience Pl

      RESTAURANT
      1903 Convenience Pl, Champaign, IL 61820-7814
      View Details
    • Value Estimation by Request

      201 Neil St

      RESTAURANT
      201 Neil St, Champaign, IL 61820-4012
      View Details
    • Value Estimation by Request

      515 Neil St

      RESTAURANT
      515 Neil St, Champaign, IL 61820-3604
      View Details

    Similar Nearby for Sale

    • $3,000,000
      0.21 Acres

      Versatile Multi-Tenant Investment Opportunity

      3,600 SF multi-tenant building in Champaign, Illinois for sale.
      505 E University Ave, Champaign, IL 61820
      View Details
    • $3,000,000
      3 SF

      Versatile Multi-Tenant Building For Sale

      3,600 SF multi-tenant building with diverse tenant mix.
      505-507 E University Ave, Champaign, IL 61820
      View Details
    • Contact for pricing
      5,200 SF

      Champaign Freestanding Building with Drive-Thru

      5,200 SF building with drive-thru on 1.52 acres.
      1905 N Neil St, Champaign, IL 61820
      View Details
    • $1,700,000
      0.09 Acres

      Established Liquor Store Business Opportunity

      Profitable liquor store business for sale in prime campus location.
      606 S 6Th St, Champaign, IL 61820
      View Details
    • $1,200,000
      0.66 Acres

      Champaign Commercial Property for Sale

      Profitable business opportunity near the University of Illinois campus.
      32 E Green St, Champaign, IL 61820
      View Details
    • $500,000

      Former Gas Station with Carwash

      Former gas station with carwash, ample parking, great visibility.
      1101 N Prospect Ave, Champaign, IL 61820
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      4,143 SF

      Downtown Champaign Retail Opportunity

      Redeveloped retail spaces in downtown Champaign, ranging from 1,782-5,990 SF.
      500 N Market St, Champaign, IL 61820
      View Details
    • $14 SF/Yr
      4,655 SF

      Downtown Champaign Office Space

      4,655 SF, Newly Renovated, Customizable
      205 Neil St, Champaign, IL 61820
      View Details
    • Contact for pricing
      2,600 SF

      Prime Champaign Retail Space

      Freestanding building, 2600 sq ft, high visibility
      1502 Prospect Ave, Champaign, IL 61820
      View Details
    • $14 SF/Yr
      20,942 SF

      Champaign Mixed-Use Opportunity

      Class A Retail/Office Space Available
      608 University Ave, Champaign, IL 61820
      View Details
    • $22 SF/Yr
      1,468 SF

      Downtown Retail Space with Patio

      Retail space with kitchen, restrooms, and outdoor seating.
      110-120 N Neil St, Champaign, IL 61820
      View Details
    • $20 SF/Yr
      2,390 SF

      Prime Location Retail/Office Space

      Located in the heart of campus, high-traffic area, ideal for various uses.
      32 E Green St, Champaign, IL 61820
      View Details

    Property Visit Statistics

    • Visits by month
      6.4k
    • Visitors by month
      5.2k
    • Avg Time on site
      21 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1305 Neil St
    Champaign, IL 61820-6527
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.