Active - Other for sale
Champaign, IL
Facts & features
Why you’ll love it
- Hardwood floors
Positioned in the heart of downtown along a 40' wide, pedestrian-oriented stretch of Taylor Street, this 2,688 SF main floor space offers an exceptional opportunity for a bar, restaurant, or entertainment user seeking a vibrant, high-visibility location. The property is surrounded by a dynamic mix of office, retail, loft apartments, condominiums, restaurants, and entertainment venues, providing strong built-in foot traffic and activity throughout the day and evening. Formerly home to Cowboy Monkey, the space is configured for bar/restaurant use with an open, U-shaped layout centered around a prominent main bar area. Features include hardwood flooring, plaster walls, high ceilings with retained tin finish, and a raised stage/platform area on the north side-ideal for live music or events. The stage can be removed to accommodate a variety of layouts; if retained, it is considered an upgrade and is negotiable as part of the lease terms. The space can be easily converted back into a restaurant use. The existing structure is already in place, making it easier for the installation of a hood system. The space also includes four restrooms, is fully sprinklered, and offers two separate entrances directly from Taylor Street for convenient access. Constructed in 1915, the masonry building is zoned CB - Central Business District, allowing for a wide range of commercial uses. The property is served by forced warm air natural gas heat, central air conditioning, and electrical service estimated at 200 amps or greater. While there is no on-site parking, ample public and private parking options are available nearby in the surrounding downtown area. This is a rare opportunity to lease a character-rich, historic space in a walkable downtown location with strong commercial and residential density. View it today!
Listed by: Shannon Collins • Green Street Realty
Co-listed by: Katie Meints • Green Street Realty
Source: MRED as distributed by MLS GRID, MLS#: 12578107
Based on information as of Sep 01, 2026 at 07:16pm EDT.
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Affordability
$616/mo
- Mortgage$0
- Property tax$616
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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About Champaign
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
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Air quality
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Disclaimer
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Based on information submitted to the MLS GRID as of Sep 01, 2026 at 07:16pm EDT. 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.