847-780-8063
2107 S Neil St, Champaign, IL for Sale
Office - FOR SALE
1/15
null | Request Cap Rate

2107 S Neil St
Champaign, IL 61820


HIGHLIGHTS

  • Fully leased building with strong, creditworthy tenants on NNN deals—Communications Data Group and Quest Diagnostics
  • Attractive income stream producing a net operating income (NOI) of approximately $232,517
  • Strategic location near the University of Illinois, Carle Health Systems, and other major area employers
  • Excellent access to Interstates 74 and 57 and Willard Airport

OVERVIEW

2107 S. Neil Street is a 20,000 square-foot, Class B office building located along Neil Street in Champaign, Illinois. Built in 1998 and situated on 2.18 acres, the building features two (2) units, ample on-site parking with 126 spaces (6.3 per 1,000 SF), and excellent visibility along one of Champaign’s primary commercial corridors. The building is fully leased by Communications Data Group and Quest Diagnostics, each established businesses, providing stable income, generating a operating income (NOI) of approximately $232,517. Opportunity to acquire a secure, low-maintenance asset in a thriving Champaign location. The surrounding area features a mix of retail and office uses, with nearby national and regional retailers including Harvest Market, ACE Hardware, Starbucks, Moe’s Southwest Grill, Smoothie King, Oberweis Ice Cream, Taco Bell, Steak ’n Shake, and McDonald’s. Major employers in the region include the University of Illinois, Carle Health Systems, Kraft-Heinz, and Presence Health.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

126

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

CO

APN/PARCEL ID

45-20-24-401-014

ASK ABOUT THIS PROPERTY

Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.