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0 Beds
5,865 sqft

$1,250,000

320 N Neil Street, Champaign IL, 61820

Price per sqft$213.13
Built in1925
Property size5,865 sqft
Property typeOther
Listed by Shannon Collins with Green Street Realty 217-493-3776

Overview

Active

Listed Feb 10, 2026

Updated 4 days ago

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.

$8,316/mo

Est. mortgage payment based on a $1,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12559693

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$13,136
Tax Frequency
Annually
MLS provider logo

Listed by Shannon Collins with Green Street Realty 217-493-3776

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Data is refreshed every 3 hours. Listing last updated 3:37 AM UTC on 10/6/2026. 

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