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Champaign Commercial Building For Sale

2301 W Bradley Avenue, Champaign, IL 61821

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For Sale

$2,300,000

COMMERCIAL - Champaign, IL

Type:Office

Property size:

13,580 SF

Lot size:

2.61 Acres

Price / SF:

$169/SF

HighLights

13,580 SF commercial building in high‑quality construction.
Currently configured as a school/daycare with two tenant suites.
46 concrete parking spaces, professional landscaping, and irrigation system.
Geothermal heating and cooling system for energy efficiency.
Metal roof for durability.
10ft ceilings and abundant lighting.

We can help!

Listing Contact

Shannon Collins

For Sale

$2,300,000

COMMERCIAL - Champaign, IL

Type:Office

Property size:

13,580 SF

Lot size:

2.61 Acres

Price / SF:

$169/SF

Added:: Mar 10, 2025
Days on Market:: 460
Last Refresh:: Jun 12 at 1:06 am

Property Features for 2301 W Bradley Avenue

General Information

Property type: Commercial Sale
Property subtype: Office
Zoning: COMMR
Standard status: Active
APN: 412010210003
Size: 13,580 SF
Lot size: 2.61 Acres

Taxes and HOA fees

Tax Year: 2023
Tax Description: LOT 2 OIL CHEMISTS SUB REPLAT LT 1 AND PARKALND RIDGE EAST SUB 1, REPLAT LT 1, REPLAT LT 101
Tax Annual Amount: 58342

Utilities

Cooling system: Central Air

Building Details

Year built: 2010
Floors in Building: 1
Number of units: 2
Building materials: Brick, Steel Siding, Divisible, Stone
Roof type: Metal

We can help!

Listing Contact

Shannon Collins

Listing agent Shannon Collins License #ILLINOIS475.178418

Listing office Green Street Realty 510 S. Neil St., Champaign, IL

Listing date Mar 10, 2025

MLS# 12094312

HighLights

13,580 SF commercial building in high‑quality construction.
Currently configured as a school/daycare with two tenant suites.
46 concrete parking spaces, professional landscaping, and irrigation system.
Geothermal heating and cooling system for energy efficiency.
Metal roof for durability.
10ft ceilings and abundant lighting.

Overview

This 13,580 square foot commercial building is available for sale. Constructed with high-quality design and finishes, the building features 10-foot ceilings and abundant lighting. The property overlooks the park and lake to the rear. Exterior features include professional landscaping, an irrigation system, sidewalks, and 46 concrete parking spaces. The building's exterior is finished with brick, car siding, and stone. Originally a Class A office building, it has been converted into a school/daycare facility, divided into two suites with two current tenants. The property also includes a metal roof, geothermal heating and cooling system, sprinkler system, and alarm systems. The property is located in Champaign, Illinois, and sits on a 2.61-acre lot. The building is zoned COMMR. This property presents an investment opportunity.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$236.3k	$17.40
− Vacancy	−$52.0k	−$3.83
EGI	$184.3k	$13.57
− OpEx	−$46.1k	−$3.39
NOI	$138.2k	$10.18

13,580 SF · lease $17.40/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.97M

$1.73M – $2.30M (±1% cap)

NOI $138,231 @ 7.0% cap · market cap 6.01%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.83M

$2.47M – $3.30M (±1% cap)

NOI $197,768 @ 7.0% cap · market cap 8.60%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

The Land Man of Illinios Real Estate Agency Lighthouse Autism Center ... Medical Clinic Excel Prep School Special Education Facility

Suggested Use

Location Insight

Map
Local Demand

City: Champaign
County: Champaign
State: Illinois
Longitude: -88.285542
Latitude: 40.126903

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For sale
Schools
IL
Champaign
61821
2301 W Bradley Avenue

What type of property is this?

School - 13,580 SF commercial building in Champaign, Illinois for sale.

Where is this school located?

The property is located at 2301 W Bradley Avenue Champaign, IL.

What is the asking price?

The asking price for this property is $2,300,000.

What are key features of this property?

This property features: 13,580 SF commercial building in high‑quality construction.; Currently configured as a school/daycare with two tenant suites.; 46 concrete parking spaces, professional landscaping, and irrigation system.

2301 W Bradley Avenue, Champaign, IL 61821

COMMERCIAL - Champaign, IL

Property Features for 2301 W Bradley Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Commercial Building with Established Tenants

Retail-Office Building with Overhead Door

Downtown Champaign Mixed-Use Building

Commercial Property with Residential Home

Four-Unit Residential Income Building

Champaign Multifamily Property For Sale

Bi-Level Retail Facility For Sale

Freestanding Retail/Office Building for Lease

Two-Story Retail and Office Building

Champaign Multifamily Building For Sale

All-Brick Duplex in Champaign, IL

Turnkey 9-Unit Multifamily Investment

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