Parkhill Plaza | 7.33% Cap Rate | 100% Occupied

703 S Neil St, Champaign, IL 61820

  • For Sale $4,150,000
  • Property Type Retail
  • Lot Size 3.06 Acre
  • Additional Rent Contact for pricing
  • Date Updated Jan 13, 2025
Coldwell Banker Commercial Devonshire Realty (CBCDR) is pleased to present an exclusive opportunity to acquire Parkhill Plaza and Parkhill Warehouse, a 32,800-square foot, fully occupied retail and warehouse property on 3.06-acres in Champaign, Illinois. The property boasts a diverse tenant mix of six e-commerce-resistant, restaurant, and service-oriented businesses, providing a strong and stable rental income history. Additionally, the site offers future income potential through an unleased ATM facility located on the northeast corner of the property. The spacious lot and parking area provide opportunities for further expansion along Randolph Street, enabling a buyer to further enhance the property’s value and income stream.
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Attachments

Highlights

  • Strategically located on South Neil Street, just west of the University of Illinois at Urbana-Champaignhome to over 59,000 students and more than 14,000 faculty and staffthe property offers an outstanding opportunity in the market. Located along a major north-south corridor, the property is easily accessible and near major employers like Christie Clinic, Busey Bank, and the City of Champaign, as well as numerous restaurants and retailers.

Contacts

broker
Joshua Markiewicz

Coldwell Banker Commercial Devonshire Realty

Location

Getting Around

  • Walk Score ®

    92/100 Walker's Paradise

  • Transit Score ®

    63/100 Good Transit

  • Bike Score ®

    95/100 Biker's Paradise
Powered by Walk Score ®
  • City Champaign, IL
  • Neighborhood In Town
  • Zip Code 61820

Points of Interest

  • Champaign-Urbana

    0.53 miles

  • Circle K

    0.28 miles

  • ChargePoint

    1.15 miles

  • Mobil

    1.53 miles

  • QuikTrip

    1.64 miles

  • Shell

    1.67 miles

  • Tesla Supercharger

    2.75 miles

  • Parkette 151

    0.32 miles

  • Parkette 154

    0.33 miles

  • Laura Apartments Parking

    0.46 miles

  • Whitehall Apartments Garage

    0.48 miles

  • Weston Parking lot

    0.63 miles

  • C10

    0.66 miles

  • Main and Market

    0.67 miles

  • C9

    0.68 miles

  • North First Street Lot

    0.69 miles

  • E12

    0.69 miles

  • Dunkin'

    0.15 miles

  • No 1 Wok

    0.16 miles

  • Wingstop

    0.16 miles

  • Jimmy John's

    0.19 miles

  • D.P. Dough

    0.19 miles

  • Golden Harbor

    0.19 miles

  • Domino's

    0.25 miles

  • Vinny's by the slice and More

    0.25 miles

  • Papa John's

    0.34 miles

  • Papa Del's

    0.36 miles

  • AM-KO Oriental Foods and Gifts

    0.39 miles

  • County Market

    0.62 miles

  • Target

    0.74 miles

  • Far East Grocery

    0.80 miles

  • World Harvest Foods

    0.88 miles

  • Harvest Market

    1.22 miles

  • Asian Supermarket

    1.60 miles

  • World Harvest

    1.74 miles

  • Westgate Mall

    1.92 miles

  • Schnucks

    1.93 miles

Frequently Asked Questions

How much does Parkhill Plaza | 7.33% Cap Rate | 100% Occupied cost?

The space currently listed for sale at Parkhill Plaza | 7.33% Cap Rate | 100% Occupied asks for $4,150,000.

What is the total square footage of Parkhill Plaza | 7.33% Cap Rate | 100% Occupied?

Parkhill Plaza | 7.33% Cap Rate | 100% Occupied totals 32,800 square feet.

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Contact Listing Broker
broker
Joshua Markiewicz

Coldwell Banker Commercial Devonshire Realty