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320 N Neil Street
Champaign IL 61820 US

$1,250,000

Active Listing ID 12559693
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Lot: 0.08 Acres
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Other

$1,250,000

Active Listing ID 12559693
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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.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 320 N Neil Street
  • postalcity: Champaign
  • stateorprovince: IL
  • country: US
  • postalcode: 61820
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Shannon Collins
  • listagentemail: shannon.collins@greenstrealty.com
  • listagentkey: 3yd-MREDIL-950182
  • listagentmlsid: 950182
  • listagentpreferredphone: (217) 356-8750
  • listagentofficephone: 2174933776
  • listofficekey: 3yd-MREDIL-95234
  • listofficemlsid: 95234
  • disclaimer: 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.
  • sourcesystemid: MREDIL
  • yearbuilt: 1925
  • listingcontractdate: 2026-02-10
  • listagenturl: http://www.GreenStRealty.com
  • countyorparish: Champaign
  • parcelnumber: 422012427008
  • cooling: Central Air
  • constructionmaterials: Brick
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Green Street Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"shannon.collins@greenstrealty.com", "ListBrokerageCity":"Champaign", "ListBrokerageCountry":"US", "ListBrokerageEmail":"chris@greenstrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Green Street Realty", "ListBrokeragePhone":"(217) 356-8750", "ListBrokeragePostalCode":"61820", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"510 S Neil", "ListBrokerageWebsiteUrl":"http://www.GreenStRealty.com", "ListOfficeAddress1":"510 S. Neil St. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"95234", "ListOfficeCity":"Champaign", "ListOfficeCountry":"USA", "ListOfficeEmail":"chris@greenstrealty.com", "ListOfficePostalCode":"61820", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Champaign, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-02-10 19:20:01", "Neighborhoods":[{"Description":null, "Name":"Champaign"}, {"Description":null, "Name":"Savoy"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13136, "TaxDescription":"LOT PT 17 BLOCK 3 RAILROAD ADD", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/10/2026 7:26:38 PM GMT
Source Updated Date: 2/14/2026 6:53:47 PM GMT

Courtesy of: Shannon Collins, Green Street Realty, shannon.collins@greenstrealty.com

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.