Mixed-Use Building with
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320 N Neil St, Champaign, IL 61820
Downtown Champaign property combines a street-level nightlife venue with a separate upper-floor residence.
Property Size7,485 SF
Days on Market6
Property Features for 320 N Neil St
General Information
Standard status
Active
Size
7,485 SF
Property subtype
RETAIL
Zoning
CB2
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Average Monthly Rent
$1,800
Sprinkler System
Yes
Amenities
fireplace
Building Details
Buildings
1
Stories
2
Construction
masonry brick
Listing Agency:
Green Street Realty - Corporate
(217) 356-8750
Listed By:
Shannon Collins · License #475178418
(217) 493-3776
Source:
Moodyscre
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 19 at 7:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Green Street Realty - Corporate
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Investment Insights
Based on property information with market context.
At 320 N Neil St, this two-story brick property contains 5,865 SF above grade and a 1,620 SF basement. The main level is arranged for nightclub or bar operations, with mezzanine areas, a 28-foot bar, sprinkler and alarm systems, emergency lighting, and an accessible entrance and restrooms. Basement space includes storage, a walk-in cooler, and mechanical areas, with access from inside and the rear.
The second floor holds a maintained two-bedroom, two-bath apartment with 14-foot ceilings and a fireplace. It has dedicated HVAC and electrical service and is leased through 07/31/2026. The property is zoned CB2 (Central Business Downtown) and sits in downtown Champaign among restaurants, nightlife, and mixed-use development.
The second floor holds a maintained two-bedroom, two-bath apartment with 14-foot ceilings and a fireplace. It has dedicated HVAC and electrical service and is leased through 07/31/2026. The property is zoned CB2 (Central Business Downtown) and sits in downtown Champaign among restaurants, nightlife, and mixed-use development.
Key Highlights
- 5,865 SF above grade plus 1,620 SF basement
- Street‑level nightclub/bar layout includes mezzanine areas and a 28' bar
- Upper‑floor two‑bedroom, two‑bath apartment with 14' ceilings and fireplace
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,334
Businesses Nearby
Explore this area
Business Placement
Demographics for 61820, IL
40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown Champaign property combines a street-level nightlife venue with a separate upper-floor residence.
Where is this mixed-use property located?
The property is located at 320 N Neil St Champaign, IL.
What are key features of this property?
This property features: 5,865 SF above grade plus 1,620 SF basement; Street‑level nightclub/bar layout includes mezzanine areas and a 28' bar; Upper‑floor two‑bedroom, two‑bath apartment with 14' ceilings and fireplace
