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1905 N. Neil St

$1,125,000

1905 N Neil St, Champaign, IL 61820

Active
Last Updated: 10/06/2026

1.51 acres

Lot Area

1982

Year Built

Details:
Lot Area:    1.51 acres
Year Built:    1982
Zoning:    CG - Commercial General
Highlights:
  • Annual Tax: $ 31856.86
Description:

Located along N. Neil Street at Center Drive, directly across from Market Place Mall in Champaign’s primary regional retail district. Primary site access is via Village Way / Center Drive, with convenient signalized access to N. Neil Street at Convenience Place / Center Drive. The property is near Costco, DICK’S House of Sport, Dutch Bros and numerous national retailers, restaurants and hotels, with convenient access to I-74.

1905 N. Neil St. offers a prime 1.51-acre commercial redevelopment opportunity in Champaign’s North Neil retail corridor, directly across from Market Place Mall and near the I-74 interchange.
The former restaurant building has been demolished, creating a clean redevelopment site with excellent visibility and convenient access. The property is surrounded by a strong concentration of national retailers, restaurants, hotels and service businesses.
Ownership will consider a variety of transaction structures, including a sale, build-to-suit, ground lease or lease within a new development. The site is well suited for restaurant, drive-through, hotel, financial, medical/service or multi-tenant commercial development, subject to applicable approvals and restrictions.
Property is owned by a licensed Illinois real estate broker. **


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Listing ID: 1ca3c6e7-6e19-4037-b12f-6ae33dfaf18d
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