About 320 N Neil Street
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.
Features of 320 N Neil Street
| MLS® # | 12559693 |
|---|---|
| Price | $1,250,000 |
| Bathrooms | 0.00 |
| Year Built | 1925 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 320 N Neil Street |
|---|---|
| Area | Champaign, Savoy |
| City | Champaign |
| County | Champaign |
| State | IL |
| Zip Code | 61820 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|
Additional Information
| Days on Market | 77 |
|---|---|
| Zoning | COMMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Green Street Realty |
|---|