Listed by Coldwell Banker Commercial Devonshire Realty
$2,500,000
408 South Neil Street
Details
APN 43-20-13-226-023
Property Type Office, Industrial
Sub Type Traditional Office, Medical Office
Square Footage 17,170
Tenancy Vacant
Class B
Year Built 1948
Year Renovated 2000
Acreage 1.360
Zoning CB1 – Central Business Urban Fringe
Parking Spaces 69 spaces
Parking Per SqFt 4.02
Ceiling Height 13’3”-15’2”
Dock High Doors 3
Office & Warehouse Building for Sale
Marketing description
408 S. Neil Street is a ±17,170 SF commercial facility situated on approximately 1.36 acres. The building consists of ±7,754 SF of office space (±4,784 SF on the first floor and ±2,970 SF on the second floor) and ±9,416 SF of garage/warehouse space.
The warehouse offers clear heights ranging from 13’3” to 15’2” and is equipped with three (3) 12’6” H x 13’ W drive-in doors, three gas-fired unit heaters, and an integrated vehicle exhaust ventilation system designed for fleet or service operations.
The office area includes 13 private offices, a large open work area, conference room, break room, and four restrooms. The second floor is accessible via two stairwells and an elevator.
The building is served by 600 Amp, 208/120V, 3-phase electrical service with multiple distribution panels, as well as an on-site standby generator supporting critical circuits.
The property includes 69 striped parking spaces, with additional land area suitable for expanded parking or outdoor storage/laydown.
The property is centrally located along South Neil Street between Springfield Avenue and Green Street, providing direct access to both Downtown Champaign and the University of Illinois campus area. The location offers strong connectivity to the greater Champaign-Urbana market and is less than 2.5 miles from Interstate 74, with convenient access to I-57 and I-72. Surrounding uses include a mix of office, retail, and service-oriented industrial properties.
Investment highlights
- +/- 9,416 SF of Warehouse
- +/- 7,754 SF of Office
- Large Parking Field
- Centrally Located
- Maximum Height: 85’
- No Floor Area Ratio (FAR)
- No Open Space Reserves (OSR)
- No Setbacks
Listing Contacts
Listed by Coldwell Banker Commercial Devonshire Realty
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