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211 N Neil St
Champaign, IL 61820 Downtown Champaign

$5,001 USD/MO

Restaurant For Lease  •  2,816 SF

Property Details

  • Property Type Restaurant
  • Year Built 1915
  • Total Building Size 2,816 SF
  • Building Class B
50 Transit Score
90 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 2,816 SF $21.31 USD/SF/YR
211 N. Neil Street offers a rare opportunity to lease a fully built-out, second-generation restaurant and bar in the heart of Downtown Champaign. The space was comprehensively renovated for restaurant use in 2016 and combines the character of a historic downtown building with the infrastructure needed for a modern food and beverage operation.

The restaurant features a warm, distinctive interior with exposed brick, decorative tin ceilings, hardwood finishes, a large full-service bar, and expansive storefront windows providing abundant natural light. The existing layout has a capacity of approximately 75, plus additional outdoor seating along Neil Street.

The property includes an existing commercial kitchen buildout with hood system and walk-in cooler, along with 600-amp, three-phase electrical service and significant infrastructure for a future restaurant operator. The premises are fully sprinklered, and a substantial amount of the existing tenant’s furniture, fixtures, and equipment (FF&E) is available for purchase separately.

  • Date available: Dec 2026
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

211 N. Neil Street offers a rare opportunity to lease a fully built-out, second-generation restaurant and bar in the heart of Downtown Champaign. The space was comprehensively renovated for restaurant use in 2016 and combines the character of a historic downtown building with the infrastructure needed for a modern food and beverage operation.

The restaurant features a warm, distinctive interior with exposed brick, decorative tin ceilings, hardwood finishes, a large full-service bar, and expansive storefront windows providing abundant natural light. The existing layout has a capacity of approximately 75, plus additional outdoor seating along Neil Street.

The property includes an existing commercial kitchen buildout with hood system and walk-in cooler, along with 600-amp, three-phase electrical service and significant infrastructure for a future restaurant operator. The premises are fully sprinklered, and a substantial amount of the existing tenant’s furniture, fixtures, and equipment (FF&E) is available for purchase separately.

Area Description
Located in the center of Downtown Champaign’s dining, entertainment, and nightlife district, 211 N. Neil Street presents an exceptional opportunity for a restaurant, bar, brewery, cocktail concept, or other hospitality operator seeking a highly visible downtown location. The property benefits from a highly visible downtown location, walkable access to restaurants, entertainment, offices, and nearby public parking, along with convenient access to Neil Street and the Illinois Terminal.

Highlights

Second-Generation Restaurant / Bar
Excellent Downtown Location
Great Visibility and Accessibility

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Champaign-Urbana (City of New Orleans - Amtrak, Illini - Amtrak, Saluki - Amtrak) 1 min 4 min 0.2 mi
AirportDriveWalkDistance
University of Illinois/Willard 23 min - 10.3 mi
Josh Markiewicz, CCIM 217-403-3424 Coldwell Banker Commercial Devonshire Realty
Josh Markiewicz, CCIM 217-403-3424 Coldwell Banker Commercial Devonshire Realty