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Active
116 N Neil ST Champaign, IL 61820
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Rent
MLS Listing ID 12510733
Year Built 1920
Annual Tax Amount $37,465
Tax Year 2024
Property Sub-Type Retail/Stores
Property Description
Located in the heart of vibrant downtown Champaign, this 1,600 SF retail/restaurant space offers a rare opportunity to establish your business in one of the area's most active commercial corridors. Tenant responsible for gas, electric, water/sewer, and interior maintenance including HVAC, plumbing, and electrical. The space features a charming outdoor patio for guest seating and a basement area available for additional storage. Existing kitchen equipment, owned by the property owner, is available for purchase-making this an ideal setup for a restaurant, cafe, or bar concept. Situated on high-traffic Neil Street, this property benefits from both strong pedestrian and vehicle visibility. It's surrounded by a dynamic mix of restaurants, bars, retail shops, and the downtown plaza, with ample street parking and a public parking garage nearby. Previously operated as a cafe-style shop, the space offers flexible potential for a variety of creative uses to tap into the energy of downtown Champaign. Space could be combined with 118 N Neil to increase size to approximately 3000 SF
Location
State IL
County Champaign
Area Champaign, Savoy
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
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Listed by Jill Guth of GUTH & ASSOCIATES,LLC