For Lease
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Property summary
This exceptional 1,884 square foot retail or office space is situated in the vibrant Whiteline Market building at 723 S Neil St, Champaign, IL 61820. Located in Champaign County, this suite (Suite 102) benefits from a prime location along Route 45, offering excellent visibility and accessibility. Previously occupied by a mortgage lender, the space features five individual offices, open areas ideal for collaborative work, and convenient access to shared restrooms. The flexible layout allows for customization, with the potential to open up the offices to create larger work areas to suit diverse business needs. The building itself is a 25,000 square foot mixed-use property, combining retail, restaurant, and office spaces on the ground floor with residential apartments above. The property is zoned CG - Commercial General, providing flexibility for a range of commercial uses. Its central Champaign location offers easy access to the University of Illinois campus, situated to the east, ensuring a strong potential customer base. This is a rare opportunity to secure a well-located, adaptable space in a thriving commercial area. The total building size is 25,000 square feet, with multiple tenancies. This specific suite offers a unique blend of private offices and open areas, making it suitable for a variety of businesses. The building's mixed-use nature contributes to a dynamic and active environment.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Trucking Company
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Marketing & Advertising Advertising Agency
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(Bike/Boat/Book/etc) Store Alternative Medicine Practice
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Training Center Tutoring Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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