Properties

Features
: Central Air
Address Map
US
IL
Champaign
Champaign
61820
Neil
320
Street
W89° 45' 25.1''
N40° 7' 8''
Heading south on Neil Street, continue past Washington Street, and the property will be located on the east side of the road.
Champaign, Savoy
Champaign, Savoy
N
N
COMMR
Additional Information
5865
: Brick
Over 600 Amps
Over 600 Amps
22X160
2
2
2
Green Street Realty
Shannon Collins
Financial
13135.7
Listing Information
Katie Meints
95431
Green Street Realty Branch
950182
95234
MRED
Listing Information
952701
95431
Green Street Realty Branch
Active
2026-04-27T06:27:31Z
2026-02-16T06:05:34Z
Property Description

Prime mixed-use property located in the heart of downtown Champaign at 320 N Neil St. Zoned CB2 (Central Business Downtown), this two-story masonry brick building offers 5,865 SF above grade plus a 1,620 SF basement. The first floor is configured for nightclub/bar use and features a 28′ bar, sprinkler and alarm systems, handicap-accessible entrance and restrooms, emergency lighting, mezzanine areas, and strong mechanical infrastructure. The basement provides storage, a walk-in cooler, and mechanical space with interior and rear access. The second floor includes a well-maintained two-bedroom, two-bath apartment with 14′ ceilings, fireplace, and separate HVAC and electrical service. The apartment is currently leased for $1,800 per month with a lease in place through 07/31/2026, providing built-in rental income to help offset operating costs of the commercial space below. Located among downtown restaurants, nightlife, and mixed-use development.

Commercial Sale For Sale

320 N Neil Street, Champaign, Illinois 61820

$1,250,000
Listing ID#12559693
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12559693
Price : $1,250,000
Year Built : 1925
Listing Status : Active
Property Sub Type : Mixed Use
Contact Agent