OFFICE & WAREHOUSE BUILDING FOR SALE

SaleOfficeWarehouse/Industrial +/- 17,170 SF
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408 S Neil St
Champaign, IL 61820
Price: $2,500,000
Building Size: +/- 17,170 SF
Lot Size (acre): +/- 1.36 AC
Parking: 69 Spaces
Zoning: CB1 – Central Business Urban Fringe
Tax PIN: 43-20-13-226-023
RE: $45,405.04 2024
Year Built / Renovated: Ca. 1948 / 2000

Property Description

408 S. Neil Street is a ±17,170 SF commercial facility situated on approximately 1.36 acres. The building consists of ±7,754 SF of office space (±4,784 SF on the first floor and ±2,970 SF on the second floor) and ±9,416 SF of garage/warehouse space.

The warehouse offers clear heights ranging from 13’3” to 15’2” and is equipped with three (3) 12’6” H x 13’ W drive-in doors, three gas-fired unit heaters, and an integrated vehicle exhaust ventilation system designed for fleet or service operations.

The office area includes 13 private offices, a large open work area, conference room, break room, and four restrooms. The second floor is accessible via two stairwells and an elevator.

The building is served by 600 Amp, 208/120V, 3-phase electrical service with multiple distribution panels, as well as an on-site standby generator supporting critical circuits.

The property includes 69 striped parking spaces, with additional land area suitable for expanded parking or outdoor storage/laydown.

Area Description

The property is centrally located along South Neil Street between Springfield Avenue and Green Street, providing direct access to both Downtown Champaign and the University of Illinois campus area. The location offers strong connectivity to the greater Champaign-Urbana market and is less than 2.5 miles from Interstate 74, with convenient access to I-57 and I-72. Surrounding uses include a mix of office, retail, and service-oriented industrial properties.

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