1005 S Neil Street # 3 Champaign, IL $ 22
1005 S Neil Street # 3
$ 22
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1005 S Neil Street # 3

Champaign, IL, 61820
$ 22
Bedrooms-- Baths-- Sq 3,200
1005 S Neil Street # 3, Champaign, IL 61820 - Image 1
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Property for Rent in Champaign, IL

for $22. This 3,200 square foot property was built in 2020.

Now available for lease: a modern, high-visibility 3,200 square foot restaurant space located along the vibrant Neil Street corridor. Built in 2020, this turnkey property offers a rare opportunity to establish or expand your concept in a high-traffic location just minutes from the University of Illinois campus. The space features a flexible layout with ample indoor seating, currently able to host over 100 customers at a time. There is also a spacious outdoor patio, and a built-in bar area complete with multiple coolers-perfect for dine-in service, events, or a vibrant nightlife atmosphere. The fully equipped commercial kitchen includes two large hoods, a walk-in refrigerator/freezer, and two mop sinks, providing a seamless setup for immediate operation. Most furniture, fixtures, and equipment can be included in the lease (excluding the dishwasher), making it easy to hit the ground running without the upfront cost of build-out. With ample on-site parking, strong street visibility, and proximity to both student and residential populations, this location is ideal for attracting steady foot traffic throughout the day and into the evening (ADT is estimated to be between 21,000 and 22,000 vehicles a day). Whether launching a new venture or growing an established brand, this space offers the infrastructure, location, and curb appeal to help you succeed.

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Rental Active

Price

$ 22

Taxes

$ 31,754

Style

Year Built

2020

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

12378736

Features
General
Cooling Central Air
Zoning COMMR
Year Built 2020
Electric Circuit Breakers
Stories Count 1
Township Champaign
Unit Number 3
Property Subtype Restaurant
Tax Year 2024
Assoc Fee Paid Per Not Applicable
County Champaign
Net Operating Income 0
Property Type Commercial Lease Retail/Stores
Status Active
Directions Heading south on Neil Street turn right on Ells.
City Champaign
MLS Area Champaign Savoy
Tax Annual Amount 31754.84
Leasable Area 3200
Lease Type Net
Standard Status Active
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* Excluded Features
List By
Guth & Associates,Llc

Broker

maggie@guthandassociates.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/12/2025$22 -8.33% Price Down
6/3/2025$24 Listed Price

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1005 S Neil Street # 3, Champaign, IL, 61820 is a Property for Rent at $22 with 3,200 sqft. 1005 S Neil Street # 3 was built in 2020. The property's zip code is 61820 which is in Champaign, IL