Skip To Content

1807 S Neil Street

Champaign, IL 61820
  • $4,500,000
  • STATUS: Active
  • ON SITE: 115 Days
  • MLS #: 11717510
$4,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Offering the 28,533 square foot, 1.84-acre facility at 1807-1809 S Neil Street in Champaign, IL. The facility was extensively renovated in 2018 to become the home of Lodgic Everyday Community, a concept that offered co-working space, cafe, restaurant/bar, daycare facility, fitness center, and event space all under one roof. This one-of-a-kind facility is being offered as a turnkey purchase. All furniture, equipment, and furnishings are included in the sale price. The co-working space includes private offices, flexible workspaces, private call rooms, and meeting space all within a high-tech environment. The co-working space is approximately 7,685 SF. The restaurant/bar space includes seating for 84 in the restaurant and bar area as well as a private dining/conference room which seats 16. All kitchen/bar equipment are included in the sale. Additionally, the restaurant/bar can provide service to the event space which is approximately 1,680 SF. A cafe/coffeehouse is located just inside the front door with 1,250 SF and 34 seats. The cafe provides an opportunity for public use as well as providing service to the co-working space. Another unique offering is the existence of a daycare space which is licensed for 48 children. The daycare comprises 3,950 SF and has an additional 1,500 SF outdoor play area. A fitness center is located near the front cafe area and includes 3,824 SF leased on a long-term lease. The remaining square footage is comprised of common area space, restrooms, back service/mechanical areas. The building is situated just west of the intersection of Neil Street and St. Mary's Road, which provides immediate access to the University of Illinois campus and the University of Illinois Research Park. The University of Illinois is home to 55,000+ students and one of the premier public universities in the country. Average daily traffic counts for the Neil/St Mary's Road intersection is 19,900 vehicles. Buyer could utilize the existing floor plan/uses or creatively repurpose the building to allow for use of some features of the building.

Monthly Payment Calculator



© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.jhtrealtors.com/homes/136923275
Print Image

1807 S Neil Street Champaign, IL 61820

  • Price: $4,500,000
  • Status: Active
  • On Site: 115 Days
  • MLS #: 11717510
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Champaign, Savoy
County:
Champaign
Area:
Champaign, Savoy
Property Description
Offering the 28,533 square foot, 1.84-acre facility at 1807-1809 S Neil Street in Champaign, IL. The facility was extensively renovated in 2018 to become the home of Lodgic Everyday Community, a concept that offered co-working space, cafe, restaurant/bar, daycare facility, fitness center, and event space all under one roof. This one-of-a-kind facility is being offered as a turnkey purchase. All furniture, equipment, and furnishings are included in the sale price. The co-working space includes private offices, flexible workspaces, private call rooms, and meeting space all within a high-tech environment. The co-working space is approximately 7,685 SF. The restaurant/bar space includes seating for 84 in the restaurant and bar area as well as a private dining/conference room which seats 16. All kitchen/bar equipment are included in the sale. Additionally, the restaurant/bar can provide service to the event space which is approximately 1,680 SF. A cafe/coffeehouse is located just inside the front door with 1,250 SF and 34 seats. The cafe provides an opportunity for public use as well as providing service to the co-working space. Another unique offering is the existence of a daycare space which is licensed for 48 children. The daycare comprises 3,950 SF and has an additional 1,500 SF outdoor play area. A fitness center is located near the front cafe area and includes 3,824 SF leased on a long-term lease. The remaining square footage is comprised of common area space, restrooms, back service/mechanical areas. The building is situated just west of the intersection of Neil Street and St. Mary's Road, which provides immediate access to the University of Illinois campus and the University of Illinois Research Park. The University of Illinois is home to 55,000+ students and one of the premier public universities in the country. Average daily traffic counts for the Neil/St Mary's Road intersection is 19,900 vehicles. Buyer could utilize the existing floor plan/uses or creatively repurpose the building to allow for use of some features of the building.
Exterior Features

Frontage Type City Street Parking Total 125

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat

Property Features

Additional Parcels YN No Approximate Age 26-35 Years Building Area Total 28533 Built Before1978 YN Yes Current Use CommercialOffice Electric Over 600 Amps Fire Protection Alarm MonitoredAnsul SystemSprinklers-Wet Geographic Locale Central Illinois Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Mls Actual Status Active Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 97638 Tax Year 2021 Tenant Pays Other Total Monthly Income 0 Township Champaign Type Mixed Use Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Guth & Associates,Llc: 217-778-8305.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11717510-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11717510-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11717510-1.jpg
Logo
Jasinski Home Team | Berkshire Hathaway HomeServices Chicago
518 W. Burlington
La Grange IL, 60525