Champaign, US
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.
Courtesy Of: Green Street Realty
Feature Highlights
- Broker Owned/Interest
- Built Before 1978
General Features
- List Date:
- 02/10/2026
Exterior Features and Amenities
- Lot Size Dimensions:
- 22X160
Financial
- Days On Market:
- 7
- Tax Annual Amount:
- $13,135.70
- Tax Year:
- 2024
Directions
Heading south on Neil Street, continue past Washington Street, and the property will be located on the east side of the road.
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Data last updated: 2026-03-08.
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