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OFFICE & WAREHOUSE BUILDING FOR SALE 408 S Neil St 17,170 SF 100% Leased Industrial Building Champaign, IL 61820 $2,500,000 ($145.60/SF)
Investment Highlights
- Flexible Space
- Central Location
Executive Summary
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 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.
Property Facts
| Price | $2,500,000 | Rentable Building Area | 17,170 SF |
| Price Per SF | $145.60 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1948/2000 |
| Property Type | Industrial | Parking Ratio | 4.02/1,000 SF |
| Lot Size | 1.36 AC | ||
| Zoning | CB1 - Central Business Urban Fringe | ||
| Price | $2,500,000 |
| Price Per SF | $145.60 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Lot Size | 1.36 AC |
| Rentable Building Area | 17,170 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1948/2000 |
| Parking Ratio | 4.02/1,000 SF |
| Zoning | CB1 - Central Business Urban Fringe |
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Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (91)
Property Taxes
| Parcel Number | 43-20-13-226-023 | Improvements Assessment | $269,340 |
| Land Assessment | $251,330 | Total Assessment | $520,670 |
Property Taxes
Parcel Number
43-20-13-226-023
Land Assessment
$251,330
Improvements Assessment
$269,340
Total Assessment
$520,670
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OFFICE & WAREHOUSE BUILDING FOR SALE | 408 S Neil St
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