205 N Neil Street, Champaign, IL 61820
Champaign County
Key Facts
Description
Introductory Lease Special - Just $7/SF for the First Year! Looking for a downtown Champaign commercial space at an unbeatable price? For a limited time, this 4,655 SF space is being offered at a deeply discounted introductory rate of just $7/SF for the first lease year-a rare opportunity designed to help your moving, expansion, and build-out expenses. This space is currently a blank vanilla box, giving you complete freedom to design and customize the interior to your exact needs. Whether you envision a dynamic office layout, boutique retail shop, creative studio, or service-oriented business, the open canvas is yours to shape. Build-to-suit options are available so you can tailor the space perfectly to your operations. Key Features: * Huge Introductory Savings - $7/SF for the first year only * 4,655 SF main level + 4,000+ SF basement storage * ADA compliant with expansive ceiling heights * Heating and cooling systems for year-round comfort * Mixed-use building in the heart of downtown Champaign * Easy access to public transportation, parking, shops, and restaurants This property offers prime visibility, flexibility, and affordability-all in one of the most desirable commercial districts in Central Illinois. Don't miss out on this introductory pricing to get your business started strong in downtown Champaign.
Property Information
Property Type
Commercial Lease
Sub-Type
Retail
Year Built
1918
Stories
2
Lot Dimensions
44X132
Zoning
COMMR
Days on Market
452
MLS® Listing#
12280154
Property Features
Cooling
Foundation
Financial Details
Annual Taxes
$9,661
Tax year 2023
Directions
On Neil St. in Downtown Champaign
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
- $342,188
- Median Listing Price
- 52
- Median Days on Market
- 1,971
- Median Sq Ft
- $179
- Median Price / Sq Ft
- 149
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Champaign, IL.
Location
- 205 N Neil Street, Champaign, IL 61820
Points of Interest in Champaign, IL
Showing the Champaign area map.
Nearby Schools
R.E.A.D.Y Program
Secondary · 0.2 mi away
Holy Cross School
Secondary · 0.4 mi away
Champaign Early Childhood Center
School · 0.4 mi away
Champaign County Headstart
School · 0.4 mi away
Champaign Central High School
Secondary · 0.5 mi away
Stratton Elementary School
Elementary · 0.5 mi away
Edison Middle School
Secondary · 0.5 mi away
Columbia Center
School · 0.6 mi away
Novak Academy
School · 0.6 mi away
Franklin Middle School
Secondary · 0.7 mi away
Booker T. Washington Stem Academy Pta
Elementary · 0.9 mi away
Judah Christian School
Elementary · 0.9 mi away
South Side Elementary School
Elementary · 0.9 mi away
Office of the Dean of Students
School · 0.9 mi away
Omsa Students Helping Students
School · 0.9 mi away
Career Center
School · 0.9 mi away
University of Illinois
School · 1.0 mi away
University Laboratory High School
Secondary School · 1.0 mi away
University of Illinois Foundation
School · 1.1 mi away
Dr. Howard Elementary School
Elementary · 1.1 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 | — | — | — |
| 1701 Broadmoor Drive 230, Champaign, IL | $25/mo | — | — | — |
| 2714 N Prospect Avenue 2714, Champaign, IL | $18/mo | — | — | — |
| 3315 Boulder Ridge Drive, Champaign, IL | $2,200/mo | 3 | 3 | 1,500 |
| 1400 W Anthony Drive 105, Champaign, IL | $450/mo | — | — | — |
| 112 E University Avenue, Champaign, IL | $14/mo | — | — | — |
Moving Cost Estimate
EXIT Agents in Champaign
Listing Courtesy: Trautman Real Estate Agency & Appraisal LLC - 2178888585
Last Updated: 2025-01-29