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About the Listing 95234 - 950182,952701
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.
Listing Highlights
Status
Active
Days on Site
16
Property Type
Commercial Sale
MLS ®
12559693
Year Built
1925
Total Square Footage
5,865
Lot/Acreage
0.08
County
Champaign
Area
Champaign, Savoy
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Electric,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 22X160
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
- Parking Features: Public Lot
Financial Details
- Tax Amount: $13,136
- Taxes w/Assessments: N/A
- Tax/Property ID: 422012427008
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
320 N Neil St Champaign, IL 61820
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