# 320 N Neil Street, Champaign, IL 61820

> **TL;DR:** commercial, $1,250,000, built 1925.
> A/C. Est. $5,417/mo. Listed 111 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,250,000 |
| Year Built | 1925 |
| Lot Size | 3,520 sqft (0.08 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 111 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,417 |
| **Total** | **$5,417** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1925
- 0.08 acre lot
- 2 stories

## Description

### Agent 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.

## Location

- **Address:** 320 N Neil Street, Champaign, IL 61820
- **County:** Champaign

## Listing Agent

- **Name:** Shannon Collins
- **Brokerage:** Green Street Realty
- **Phone:** (217) 356-8750
- **Email:** shannon.collins@greenstrealty.com

## Primary Photo

![320 N Neil Street - Primary Photo](http://lh.rdcpix.com/515f54bd1193bec15f4f3ee7018d49dfl-f3481788147r.jpg)

*23 total photos available on [listing page](https://www.propertysimple.com/listing/320-n-neil-street-champaign-il-61820-12559693)*

---

**MLS#:** 12559693 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/320-n-neil-street-champaign-il-61820-12559693)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "320 N Neil Street, Champaign, IL 61820",
  "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 mechan",
  "url": "https://www.propertysimple.com/listing/320-n-neil-street-champaign-il-61820-12559693",
  "image": "http://lh.rdcpix.com/515f54bd1193bec15f4f3ee7018d49dfl-f3481788147r.jpg",
  "datePosted": "2026-06-18",
  "price": 1250000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "320 N Neil Street",
    "addressLocality": "Champaign",
    "addressRegion": "IL",
    "postalCode": "61820",
    "addressCountry": "US"
  },
  "yearBuilt": 1925
}
```