Financial
Distress signals
Property profile

601 N Neil St Champaign, IL 61820

FOR SALE
Retail space
Property ID
US28-1015029
Last sale Jan 2021 · $749,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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601 N Neil St, Champaign, IL 61820 For Sale
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601 N Neil St, Champaign, IL 61820
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Property summary

AI-generated overview

The property consists of a former gas station with an existing 2,367-square-foot building situated on a large lot with on-site parking, and it includes an adjacent vacant lot. The site is located near Interstate 74, as well as downtown Champaign and the University of Illinois, and it is subject to site restrictions that limit certain uses or activities.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$117k
Assessed land$54k
Assessed improvement$64k
Effective rate9.02%

Value estimate

· Sep 2026
$720k
$648k – $792k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 5.63% cap applied$27k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
5.63%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCHAMPAIGN

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.0
Convenience Store9.2
Watch Repair Shop8.8

Location

601 N Neil St Champaign, IL 61820
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
105 John, Champaign, IL 61820-5215 $3,625,000 May 2025 N/A
301 Grn, Champaign, IL 61820-5608 $300,000 Mar 2025 N/A
60 Grn, Champaign, IL 61820-5364 $4,500,000 Sep 2024 N/A
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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