1001 S Neil Street, Champaign, IL 61820
Champaign County
Key Facts
Description
Position your business in one of the most active commercial corridors in the area with this versatile 2,650 SF former bank property located just off highly trafficked S. Neil Street. Surrounded by growing retail and new business development, this location offers excellent visibility, accessibility, and ample on-site parking for both employees and customers. The space features a functional and flexible layout, including four private offices-two of which are large enough to serve as conference rooms-making it ideal for a variety of professional uses. A welcoming lobby area with an existing teller counter provides a strong foundation for financial institutions or customer-facing businesses, while the separate, divided lounge area offers additional space for staff or client use. The property also includes a drive-through setup, adding convenience and unique operational potential. While perfectly suited for continued use as a bank or credit union, the layout can easily be adapted for medical, office, retail, or service-based businesses. Take advantage of this well-located, adaptable 2,650 SF space with abundant parking in a rapidly growing commercial area.
Property Information
Property Type
Commercial Lease
Sub-Type
Retail
Year Built
1974
Stories
1
Lot Size
19,331 sq ft
Lot Dimensions
19331.02
Zoning
COMMR
Days on Market
58
MLS® Listing#
12606357
Property Features
Cooling
Financial Details
Annual Taxes
$19,923
Tax year 2024
Directions
Situated on the corner of S Neil St. and Stanage Ave.
Affordability Calculator
$60,000
Estimated monthly payment
$1,597/mo
Principal $240,000 · Est. interest $334,821 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Champaign, IL
- $341,538
- Median Listing Price
- 52
- Median Days on Market
- 1,961
- Median Sq Ft
- $180
- Median Price / Sq Ft
- 150
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Champaign, IL.
Location
Points of Interest in Champaign, IL
Showing the Champaign area map.
Nearby Schools
University of Illinois
School · 0.1 mi away
Edison Middle School
Secondary · 0.5 mi away
South Side Elementary School
Elementary · 0.6 mi away
Illinois Makerlab
School · 0.7 mi away
C U Academy
School · 0.7 mi away
Holy Cross School
Secondary · 0.8 mi away
R.E.A.D.Y Program
Secondary · 0.8 mi away
Office of the Dean of Students
School · 0.8 mi away
Omsa Students Helping Students
School · 0.8 mi away
Montessori Habitat School
Elementary · 0.8 mi away
Early Learning Center
School · 0.8 mi away
Career Center
School · 0.8 mi away
Champaign Central High School
Secondary · 0.9 mi away
Department of Anthropology
School · 0.9 mi away
University of Illinois Foundation
School · 1.0 mi away
Bottenfield Elementary School
Elementary · 1.1 mi away
University Laboratory High School
Secondary School · 1.1 mi away
University Primary School
Primary School · 1.2 mi away
Center for Advanced Study
School · 1.3 mi away
Westview Elementary School
Elementary · 1.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1400 W Anthony Drive 107, Champaign, IL | $400/mo | — | — | — |
| 205 N Neil Street, Champaign, IL | $7/mo | — | — | — |
| 112 E University Avenue, Champaign, IL | $14/mo | — | — | — |
| 217 S Neil Street, Champaign, IL | $20/mo | — | — | — |
| 1400 W Anthony Drive 108, Champaign, IL | $400/mo | — | — | — |
| 3001 Research Road E, Champaign, IL | $14/mo | — | — | — |
Moving Cost Estimate
EXIT Agents in Champaign
Listing Courtesy: Green Street Realty
Last Updated: 2026-04-02