REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Maggie Pitcherof GUTH & ASSOCIATES,LLC
-
Active
1005 S Neil Street #3 Champaign, IL 61820
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Rent
MLS Listing ID 12378736
Year Built 2020
Annual Tax Amount $31,754
Tax Year 2024
Property Sub-Type Retail/Stores
Property 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.
Location
State IL
County Champaign
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
