Champaign, IL 61820 1005 S Neil Street # 3
$24



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Presented By: GUTH & ASSOCIATES,LLC
Home Details
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.
Presented By: GUTH & ASSOCIATES,LLC
General for 1005 S Neil Street # 3
CityChampaign
CoolingCentral Air
CountyChampaign
DirectionsHeading south on Neil Street, turn right on Ells.
ElectricCircuit Breakers
Leasable Area3200
Lease TypeNet
MLS AreaChampaign, Savoy
ModificationTimestamp2025-06-23T16:36:01.714Z
Net Operating Income
Property SubtypeRestaurant
Property TypeCommercial Lease
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount31754.84
Tax Year2024
TownshipChampaign
Unit Number3
Year Built2020
ZoningCOMMR
Additional Details
Price History
