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$1,250,000
5,865
square ft

320 N Neil Street
Champaign, Illinois 61820

Active / MLS #12559693 / Commercial / Mixed Use / Champaign
Listing information updated 2/16/2026 at 6:03am
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.
Built:
1925
Cooling System:
Central Air
Stories:
2
Zoning:
COMMR
Building Square Feet:
5,865
Tax Amount:
$13,135
Tax Year:
2024
Zip Code:
61820
City:
Champaign
County:
Champaign

Listing Office: Green Street Realty

Listing Email: shannon.collins@greenstrealty.com

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 2/16/2026 at 6:03am. 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. Some listings have been excluded from this website.

$272,966
Average Sale Price
36
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 320 N Neil Street, Champaign, IL 61820
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320 N Neil Street, Champaign, IL 61820 is a commercial / mixed use currently listed at $1,250,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since February 10th, 2026 and was built in 1925.

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