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Property profile & analytics

723 Neil St Champaign, IL 61820-5251

  • Commercial real estate
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-5807281
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

  • The Upper Bout / (Bike/Boat/Book/etc) Store
  • Green Star Dumpster Rental Service Company / Trucking Company
  • Melissa Larson Studios / Marketing & Advertising / Advertising Agency
  • Vape Vault / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
  • Sean Fraser Guitar Lessons / Training Center / Tutoring Service

Property Details for 723 Neil St

Property type
Commercial real estate
APN
432013253016
APU
432013253016

Description

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.


Value Estimations

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  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.2439
Latitude
40.1071
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
$84,523
$131,380
$805,900
$937,280
-
$394,140
$2,417,700
$2,811,840
More about this property
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