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About This Home
This 0-bedroom, 0-bathroom commercial at 320 N Neil Street in Champaign, IL is listed for $1,250,000. Built in 1925, on a 0.08 acres lot.
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.
Key Features
- Built in 1925
- 0.08 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$6,685/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
320 N Neil Street
Champaign, IL 61820
Property Details
Construction
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 320 N Neil Street is listed at $1,250,000. The estimated monthly payment is $5,417 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.08 acre lot, 2 stories.
This property is listed by Shannon Collins and can be reached at (217) 356-8750 or shannon.collins@greenstrealty.com.
