Champaign, IL
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    Champaign, IL Bars & Pubs for Sale

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    Urbana, IL Savoy, IL East Peoria, IL
    Downtown Champaign Mixed-Use Building
    $1,250,000
    5,865 SF

    Downtown Champaign Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    Prime mixed-use property in downtown Champaign with rental income.

    • Prime downtown location in Champaign's central business district (CB2 zoning).
    • Mixed‑use property with income‑generating two‑bedroom apartment, leased through 07/31/2026 at $1,800/month.
    • First floor configured for nightclub/bar use with existing 28' bar, sprinkler system, and handicap accessibility.
    • Spacious 5,865 SF above grade plus 1,620 SF basement with walk‑in cooler and storage.
    • Second‑floor apartment features 14' ceilings, fireplace, and separate HVAC and electrical service.
    Updated: Feb 10
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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 Active listings in Champaign, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Bar & Karaoke Venue
    $970,000
    8,800 SF

    Remodeled Bar & Karaoke Venue

    Turnkey bar and karaoke venue with leaseback opportunity.

    214 W Main St, Urbana, IL
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    Turn-Key Bar in Lincoln, IL
    $250,000

    Turn-Key Bar in Lincoln, IL

    Thriving bar with party room and outdoor area for sale.

    401 Limit Street, Lincoln, IL 62656
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    Profitable Tavern and Liquor Store
    $375,000
    4,300 SF

    Profitable Tavern and Liquor Store

    Local tavern with gaming machines and package liquor store.

    204 S Prairie View Rd, Mahomet, IL 61853
    View details
    Turn-Key Bar in Lincoln, IL
    $250,000
    2,220 SF

    Turn-Key Bar in Lincoln, IL

    Thriving bar with party room and outdoor area for sale.

    401 Limit St, Lincoln, IL 62656
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Dwight Commercial Development Opportunity
    $1,200,000
    5.50 Acres

    Dwight Commercial Development Opportunity

    Restaurant, bar, and commercial land for sale in Dwight, IL.

    900 N Union Street, Dwight, IL 60420
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    Corner Lot with Liquor License
    $199,900
    0.59 Acres

    Corner Lot with Liquor License

    Commercial lot suitable for restaurant, gaming, liquor, or coffee shop.

    700 W JEFFERSON Street, Springfield, IL 62702
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    Springfield Restaurant and Land Opportunity
    $475,000

    Springfield Restaurant and Land Opportunity

    Restaurant, bar, and land for sale in Springfield, Illinois.

    951 Durkin Drive, Springfield, IL 62704
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    Commercial Land in Itasca, IL
    Contact for pricing
    0.17 Acres

    Commercial Land in Itasca, IL

    Commercial land available for sale in Itasca, Illinois.

    100 S Walnut Street, Itasca, IL 60143
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    Off-Market Properties in Champaign, IL

    Consider similar Off-Market properties in Champaign, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    320 Neil St
    BAR, TAVERN

    320 Neil St, Champaign, IL 61820-3614

    View details
    2 Main St
    BAR, TAVERN
    Estimated value
    $3,000,000

    2 Main St, Champaign, IL 61820-3616

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    706 6th St
    BAR, TAVERN
    Estimated value
    $112,500,000

    706 6th St, Champaign, IL 61820-5708

    View details
    211 Neil St
    BAR, TAVERN
    Value Estimation by Request

    211 Neil St, Champaign, IL 61820-4056

    View details
    706 5th St
    BAR, TAVERN
    Value Estimation by Request

    706 5th St, Champaign, IL 61820-5604

    View details
    704 5th St
    BAR, TAVERN
    Value Estimation by Request

    704 5th St, Champaign, IL 61820

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    505 Chestnut St
    BAR, TAVERN
    Value Estimation by Request

    505 Chestnut St, Champaign, IL 61820-5224

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    211 Grn St
    BAR, TAVERN
    Value Estimation by Request

    211 Grn St, Champaign, IL 61820-5606

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    1906 Bradley Ave
    Restaurants
    6,895 SF
    Value Estimation by Request

    1906 Bradley Ave, Champaign, IL 61821

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    604 Country Fair Dr
    BAR, TAVERN
    Value Estimation by Request

    604 Country Fair Dr, Champaign, IL 61821-3636

    View details
    1312 Church St
    BAR, TAVERN
    Value Estimation by Request

    1312 Church St, Champaign, IL 61821-2654

    View details

    Champaign, IL Bars & Pubs Investment Opportunities Market Analysis

    Explore 12 bars & pubs for sale in Champaign, IL on our real estate platform. These investment opportunities span a total of 5,865 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for pubs in Champaign, IL start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Conventional restaurants 5
    Drive through restaurants 5
    Bars & Pubs 3
    Coffee shops 1
    Commercial kitchens 1

    Property Size Breakdown

    The majority of commercial real estate listings in Champaign fall within the 100,000+ square foot range.

    Demographics Overview

    Population 96K
    Population Growth (5Y) +1.5%
    Median Household Income $62,086
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Champaign submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61820 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 8.86%
    Property Tax per SF $37.00 per sq ft
    Average Loan-to-Value 65.0%

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