PRIME 1.51-ACRE COMMERCIAL REDEVELOPMENT SITE

SaleLandRestaurantRetail 1.51 AC

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Property Highlights

1905 N Neil St
Champaign, IL 61820

Price: $1,125,000

Lot Size (acre): 1.51 AC

Zoning: CG - Commercial General

Tax PIN: 41-20-01-204-002

RE: $31,856.86 - 2024

Traffic Count: N Neil St – 13,000 AADT

Documents

Brochure

Broad Regional Aerial

Tight Immediate Aerial

Conceptual Development Plan

Property Description

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. **

Area 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.

Map

201 W Springfield Ave, 11th floor Champaign, IL 61820 | 217-352-7712

www.CBCDR.com

The information found within this brochure is for informational purposes only, and is not audited, warranted or in any fashion guaranteed by Coldwell Banker Commercial Devonshire Realty. It is subject to verification and no liability for errors or omissions is assumed. Notice of Agency: Coldwell Banker Commercial Devonshire Realty is the exclusive agent for the seller/lessor and therefore represents the seller/lessor, unless expressed otherwise in writing with the parties to a transaction.