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

Description

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.

  • Listing Courtesy of: GUTH & ASSOCIATES,LLC

Details

Updated on June 20, 2026 at 8:47 pm
  • Property ID MRD12378736
  • Price $22
  • Year Built 2020
  • Property Type Bad
  • Property Status Active
  • MLS Status Active
  • Co List Agent MLS ID MRD952585
  • Days On Market 382
  • Cumulative Days On Market 327
  • Tax Annual Amount 31754.84
  • Cooling Central Air
  • Directions Heading south on Neil Street, turn right on Ells.
  • Association Fee Frequency Not Applicable
  • StoriesTotal 1
  • Zoning COMMR
  • Address 1005 S Neil Street #3
  • City Champaign
  • State/county IL
  • Zip/Postal Code 61820
  • Country United States

Overview

Property ID: MRD12378736
  • Bad
  • Property Type
  • 2020
  • Year Built

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