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    1910 Moreland Blvd Champaign, IL 61822

    For Sale
    $5,250,000

    Prime location, high-traffic, income-producing

    Property size:
    15,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property at 1910 Moreland Boulevard in Champaign, IL, presents a unique investment opportunity. Spanning over four acres of prime commercial land, this complex boasts two free-standing buildings totaling 15,200 square feet. The main building, a former highly successful auto dealership, features a 6,200 square foot showroom with an open reception area, private offices, staff cubicles, a lunch/break room, a customer refreshment center, and separate restrooms. High ceilings, abundant natural light, and open windows create a welcoming atmosphere. The second building, a 9,000 square foot auto repair facility, is currently leased for the next five years, generating a stable monthly net income of $10,000. This building includes nine repair bays, an office area, and an auto parts retail space. The property also includes an expansive asphalt-paved parking lot with capacity for over 400 vehicles and a 300-foot frontage. A private lake adds to the property's aesthetic appeal. The property's strategic location within Champaign's business district, near major car dealerships, Market Place Mall, and other retailers, ensures high visibility and accessibility. All existing office furniture and repair shop equipment are included in the sale. The property is available for sale or lease

    Property Features for 1910 Moreland Blvd

    General Information

    Property type
    Investment properties
    Square Feet
    15,200 SF

    Building Details

    Year Built
    2000
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.24892
    Latitude
    40.13926

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    FAQs

    What type of property is this?
    Investment property - Prime location, high-traffic, income-producing
    Where is this investment property located?
    The property is located at 1910 Moreland Blvd Champaign, IL.
    What is the asking price?
    The asking price for this property is $5,250,000.
    (217) 351-1988
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    1910 Moreland Blvd Champaign, IL 61822
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1910 Moreland Blvd Champaign, IL 61822
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