Industrial Building with Gated
3612 W Bloomington Road Champaign, IL 61822
For Sale
$1,250,000
COMMERCIAL - Champaign, IL
Property Size7,800 SF
Lot Size9.88 Acres
Price / SF$160.26
Days on Market266
Property Features for 3612 W Bloomington Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active
- APN
- 121428300008
- Lot size
- 9.88 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 102 BILL SUB
- Tax Annual Amount
- 9519
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Septic Tank
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Well
Building Details
- Year built
- 1961
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Steel Siding, Wood
Listing Agency:
RE/MAX REALTY ASSOCIATES-CHA
(217) 373-4964
Listed By:
Diane Dawson · License #475126019
(217) 373-4964
Added: Oct 31, 2025
Changed: Jul 13
Last Checked: Jul 23 at 4:06PM
MLS# 12468790
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully leased industrial property features a gated security entry with a brick and concrete fence leading to a 130-by-60 building. The building is currently divided into three separate units, each with its own utilities, doors, and bathrooms. The site includes extensive parking, plus open space suitable for outdoor storage and work areas.
The property sits on 9.88 acres at 3612 W Bloomington Road, Champaign, IL 61822, described as conveniently located between Mahomet and Champaign on US Rt. 150. Access is noted to Champaign, Mahomet, I-74, and Staley Rd.
Also included is a multi-level residential home with 4 bedrooms and 1.5 baths, totaling 2,500 square feet (1,900 finished), along with a detached 2.5-car garage. Recent updates include a freshly painted interior, replacement windows, new LVP flooring throughout, and an updated kitchen with stainless appliances. The property is identified by PINs 12-14-33-100-011 and 12-14-28-300-008. The current lease structure is described as a triple lease through 10/31/2026, with the tenant paying property taxes, insurance, utilities, and maintenance, and paying $7,500 per month in rent.
The property sits on 9.88 acres at 3612 W Bloomington Road, Champaign, IL 61822, described as conveniently located between Mahomet and Champaign on US Rt. 150. Access is noted to Champaign, Mahomet, I-74, and Staley Rd.
Also included is a multi-level residential home with 4 bedrooms and 1.5 baths, totaling 2,500 square feet (1,900 finished), along with a detached 2.5-car garage. Recent updates include a freshly painted interior, replacement windows, new LVP flooring throughout, and an updated kitchen with stainless appliances. The property is identified by PINs 12-14-33-100-011 and 12-14-28-300-008. The current lease structure is described as a triple lease through 10/31/2026, with the tenant paying property taxes, insurance, utilities, and maintenance, and paying $7,500 per month in rent.
Key Highlights
- Current lease provides $90,000 annual income with zero expenses through 10/31/2026.
- Massive 130 x 60 commercial building divided into 3 units, each with separate utilities, doors, and bathrooms.
- Includes a 4‑bedroom, 1.5‑bath, 2500 sqft residential home with a detached 2.5‑car garage.
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.2k | $9.00 |
| − Vacancy | −$4.2k | −$0.54 |
| EGI | $66.0k | $8.46 |
| − OpEx | −$23.1k | −$2.96 |
| NOI | $42.9k | $5.50 |
7,800 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$612.7K
$536.2K – $714.9K
NOI $42,892 @ 7.0% cap · market cap 3.43%
Second Best
Industrial
$514.7K
$450.3K – $600.4K
NOI $36,026 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,593 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Unmatched Detailing
Car Wash
Unmatched Detailing Specialist
Car Wash
Imperial Concrete Company ...
Construction Company
FAQs
What type of property is this?
Flex space - Gated brick-and-concrete secured site with a 130-by-60 building currently divided into three separately served units.
Where is this flex space located?
The property is located at 3612 W Bloomington Road Champaign, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Current lease provides $90,000 annual income with zero expenses through 10/31/2026.; Massive 130 x 60 commercial building divided into 3 units, each with separate utilities, doors, and bathrooms.; Includes a 4‑bedroom, 1.5‑bath, 2500 sqft residential home with a detached 2.5‑car garage.
