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$1,254,000
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Property Description
The well known Soma Ultralounge is ready for its new owners! Bring this established bar/club to life in the heart of downtown Champaign near all of your favorite local restaurants and shops. With updated features throughout, this business is turn key and the perfect place to bring your business dreams to life with endless potential. In addition, to the bar/club on the main floor, there is around $2,800 in potential rental income/month from a 2-bedroom apartment that is fully-updated with high-end finishes on the second floor. Give us a call to schedule a private showing to see all this place has to offer! **Being sold as is**
Full Property Details
Full Property Details for 320 N Neil St
General
- Sold For: $1,254,000
- Taxes: $11,637 (2022)
- Status: Closed
- Type: Store
- Source: MRED
- MLS ID: 11791695
- Added to Site: 1, 044 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Parking
- Parking Features: Fee Parking, Public Lot
Location
- Area: Champaign, Savoy
- County: Champaign
- Driving Directions: Heading south on Neil Street, continue past Washington Street, and the property will be located on the east side of the road.
- Location Details: Central Illinois
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Gas
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1925
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,520
- Lot Dimensions: 22 x 160
- Zoning: COMMR
Financial Considerations
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1925
- Tax Amount: $11,637.2
- Tax Year: 2022
Disclosures and Reports
- Property ID: 422012427008
Listed by Keller Williams-Trec
Sold by Green Street Realty
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Schools
Schools serving 320 N Neil St
School District:Champaign Community Unit School District 4
| Name | Grades | Distance |
|---|---|---|
Central High School, Champaign, IL 610 West University Avenue, Champaign, IL 61820 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 320 N Neil St
Date
Details
Price
Change
Source
7/27/2023
Sold
$1,254,000
-1.65%
MLS
5/25/2023
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
320 N Neil Street, Champaign, IL 61820 (MLS# 11791695) is a Store property that was sold at $1,254,000 on July 27, 2023. Want to learn more about 320 N Neil Street? Do you have questions about finding other Store real estate for sale in Champaign? You can browse all Champaign real estate or contact a Coldwell Banker agent to request more information.
