106 S Neil Street, Champaign, IL 61820

1 of 8

CommercialFor Sale

$1,600,000

106 S Neil Street

Champaign, IL 61820

Courtesy of Guth & Associates,llc

Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID

11,588Sq Ft

Est. Mortgage

$8,359/mo

Offering for sale the architectural gem, the Atkinson Building, in Downtown Champaign. Built in 1904 and 1906, this iconic property underwent a meticulous renovation in 1989 by renowned architect, Jake Baker, seamlessly blending its historic character with modern functionality. The building offers historic charm, modern adaptability and prime visibility. Key Features Include: Solid masonry construction, complimented by hardwood floors and lofty ceilings with amazing architectural details throughout the property. Prime Location: Nestled just south of the vibrant intersection of University Avenue and Neil Street, this property enjoys strong traffic counts with immediate access to Downtown Champaign and the University of Illinois campus being just a few blocks away. Existing Tenants: Surface 51 leases over 7,900 square feet within the building, spread over two floors. An additional 1,000 SF user leases on the second floor. Contact listing broker for lease details. Growth Opportunities: Two existing suites on the east side of the building (105 S Walnut) are currently marketed for lease which could be utilized by a new owner or leased for additional income.With two tenants in place, this landmark property offers a dynamic investment opportunity. Its prime location ensures unrivaled visibility, drawing both foot traffic and attention from the bustling downtown scene. Whether it's the allure of its historic significance or the promise of a strategic business location, this space stands as a beacon of opportunity in Champaign's vibrant landscape.

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