Downtown Champaign Mixed-Use
For Lease
Contact for pricing
320 N Neil St, Champaign, IL 61820
Two-story building in downtown Champaign, ideal for restaurant/bar use.
Property Size34,705 SF
Days on Market171
Property Features for 320 N Neil St
General Information
Standard status
Active
Size
34,705 SF
Property subtype
Restaurant
Listing Agency:
Green Street Reality
(217) 356-8750
Listed By:
Shannon Collins · License #Illinois 475.178418
Source:
Crexi
Added: Feb 11
Changed: Jul 10
Last Checked: Jul 31 at 9:39AM
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 Reality
Investment Insights
Based on property information with market context.
Located in downtown Champaign at 320 N Neil St, this two-story masonry brick building offers 3,4705 square feet on the main floor, along with a 1,620 square foot basement. The property is zoned CB2 (Central Business Downtown). The first floor is configured for nightclub or bar use and includes a 28-foot bar, sprinkler and alarm systems, a handicap-accessible entrance and restrooms, emergency lighting, and mezzanine areas. Strong mechanical infrastructure is in place. The basement provides storage, a walk-in cooler, and mechanical space with interior and rear access. The property is located among downtown restaurants, nightlife, and mixed-use development.
Key Highlights
- Prime downtown Champaign location at 320 N Neil St.
- CB2 (Central Business Downtown) zoning allows for mixed‑use development.
- 3,470 SF main floor plus 1,620 SF basement provides ample space.**
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,334
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- The Alamo — 605 s 1st st, champaign, il 61820
- T.W. Tavern — 39 E Green St, Champaign, IL 61820
- Green Street Cafe — 35 E Green St, Champaign, IL 61820
- Kam's — 102 E Green St STE 104, Champaign, IL 61820
- Nut Tree Inc — 35 E Green St, Champaign, IL 61820
Frequently Asked Questions
What type of property is this?
Bar & Pub - Two-story building in downtown Champaign, ideal for restaurant/bar use.
Where is this bar & pub located?
The property is located at 320 N Neil St Champaign, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime downtown Champaign location at 320 N Neil St.; CB2 (Central Business Downtown) zoning allows for mixed‑use development.; 3,470 SF main floor plus 1,620 SF basement provides ample space.**
