320 N Neil St

Champaign, IL 61820

$1,250,000
Price
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Beds
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Baths
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— / Sq. Ft.
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Sq. Ft.
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per Sq. Ft.
New
New

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...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.
  1. Listed by Shannon Collins • Green Street Realty
    P: (217)-356-8750 C: (217)-493-3776 shannon.collins@greenstrealty.com
  2. Listed by Katie Meints • Green Street Realty Branch
    P: (309)-256-7115 C: (309)-256-7115 katie.meints@greenstrealty.com

Property Details for 320 North Neil Street

Area
Champaign, Savoy
Township
Champaign
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 02/10/2026 01:20 PM

Property Details for 320 North Neil Street

StatusNew
MLS #12559693
Days on Market1
Taxes$13,136 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1925
Lot Size0.08 AC / 3,520 SF
CountyChampaign County

Location

Listing Courtesy of Green Street Realty; Green Street Realty Branch
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Building Information for 320 North Neil Street

Stories2Residences2Year Built1925Lot Size0.08 AC / 3,520 SF

Payment Calculator

$7,187 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,092

Property Taxes

$1,095

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 320 North Neil Street

General Information
Addtl Parking Information
  • Outdoor Parking: Public Lot
Location and General Information
  • Geographic Locale: Central Illinois
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Over 600 Amps
  • Grid: 51
  • Heat/Ventilation: Electric,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 22X160
  • Lot Size Square Feet: 3520.0
  • Stories: 2
  • Construction: Brick
  • Fire Protection: Alarm On Site,Fire Extinguisher/s
  • Building Area Total: 5865
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 23
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 320 North Neil Street

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

MRED #12559693

$1,250,000—
Jul 27, 2023

Sold

MRED #11791695

$1,254,000—
Jul 25, 2023

Sold (Public Record)

Public Record #1516398014

$1,254,000

+19.0% / yr

May 30, 2023

Pending

MRED #11791695

—
May 25, 2023

Listed (Active)

MRED #11791695

$1,275,000—
Aug 16, 2022

Sold (Public Record)

Public Record #1495969921

$1,065,000—
DateEvent & SourcePrice
02/10/2026

Listed (Active)

MRED #12559693

$1,250,000
07/27/2023

Sold

MRED #11791695

$1,254,000
07/25/2023

Sold (Public Record)

Public Record #1516398014

$1,254,000

+19.0% / yr

05/30/2023

Pending

MRED #11791695

—
05/25/2023

Listed (Active)

MRED #11791695

$1,275,000
08/16/2022

Sold (Public Record)

Public Record #1495969921

$1,065,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 320 North Neil Street

Taxable ValueLand$22,260Additions$128,370Total$150,630
Tax Record2024$13,136 ($1,095 / month)
Home Facts
StyleRestaurantCountyCHAMPAIGNAPN422012427008

Schools near 320 North Neil Street

This home is within Champaign Community Unit School District 4.
Rating
School
Type
Grades
Distance
Actions Program
Public - K to 12
Central High School
Public - 9 to 12
Carrie Busey Elementary School
Public - K to 5
Vernon L Barkstall Elementary School
Public - K to 5
Rating
School
Distance
Actions Program
PublicK to 12

Central High School
Public9 to 12

Carrie Busey Elementary School
PublicK to 5

Vernon L Barkstall Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 320 North Neil Street, Champaign, IL 61820

320 North Neil Street is a mixed use property for sale in Champaign, IL 61820. This property was listed for sale on February 10, 2026 by Green Street Realty, it's currently listed at $1,250,000. It has been on the market for a total of 1 days and was last sold on July 27, 2023. This listing's school district is Champaign Community Unit School District 4. Nearby schools include Actions Program, Central High School and Carrie Busey Elementary School. 320 North Neil Street is a 0-bed, 0-bath, mixed use property built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Green Street Realty; Green Street Realty Branch

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 02/10/2026 01:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.