1005 S Neil Street 3, Champaign, IL 61820

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.

Listing Status:

Active

Listing Office:

GUTH & ASSOCIATES,LLC : 217-355-2545

Listing Agent:

Maggie Pitcher : 217-649-3713

MLS ID:

12378736

Interior

• A/C: Central Air

Location

• HOA Amenities: Not Applicable
• Originating MLS: mred
• County: Champaign

Lot

• Zoning: COMMR

Utilities

• Utilities: Circuit Breakers

Financial

• Source: mred

This listing courtesy of Maggie Pitcher, GUTH & ASSOCIATES,LLC