320 N Neil Street Champaign, IL 61820
Other
MLS #: 12559693
Courtesy Of Green Street Realty
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Building Units: 2
- Cooling System: Central Air
- Exterior Type: Brick
- Floors: 2
- Legal Description: LOT PT 17 BLOCK 3 RAILROAD ADD
- MLSID: 12559693
MAP & DIRECTIONS
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