IL
Champaign
Champaign
61820
320 N Neil Street
320 N Neil Street, Champaign, IL 61820
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Listing Type
Commercial/Industrial
Listing Status
Active
23
$1,250,000
Home Details for 320 N Neil Street
Price
$1,250,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1925
County
Champaign
Garage
Days on site
13
MLS Listing#
12559693
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.
Property Features
Cooling Information
- Central Air
Listing Courtesy: Green Street Realty
Based on information submitted to the MLS GRID as of 2026-02-16 00:50:33. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.Last Updated: 2026-02-16 00:50:33
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT REALTY REDEFINED
1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189Roger Jenisch
License #: 471-013357
Broker of Record
Office
630 480 4555
Agent
773 682 8771
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