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    420 Staley Rd Champaign, IL 61822

    Sponsored
    For Sale
    $225,000

    Heated Warehouse, Offices, Ample Storage

    Property size:
    1,922 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,922 square foot commercial condo at 420 S Staley Road, Champaign, IL, presents a unique investment opportunity. The property boasts a versatile layout ideal for a variety of businesses. A spacious warehouse area, totaling a significant portion of the building, features a 12-foot overhead door, 14-foot ceilings, and a hanging heater for efficient climate control. Directly connected to the warehouse are multiple climate-controlled office spaces, complete with tile flooring, a forced air furnace, and central air conditioning. These offices are complemented by a convenient reception area and a full bathroom. Adding to the property's functionality is an additional 763 square feet of overhead storage above the office space, providing ample room for inventory or archives. The property is zoned CI for Commercial/Light Industrial use, making it suitable for a wide range of businesses. The condo association provides convenient open parking in a shared lot. Priced at $225,000, this property offers a compelling combination of space, functionality, and location, making it an attractive option for both owner-operators and investors seeking a strong rental income stream. The property's features and zoning make it a highly desirable asset in the Champaign commercial real estate market.

    Property Features for 420 Staley Rd

    General Information

    Property type
    Residential income properties
    Square Feet
    1,922 SF

    Building Details

    Year Built
    2007
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.31295
    Latitude
    40.11225

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    FAQs

    What type of property is this?
    Residential income property - Heated Warehouse, Offices, Ample Storage
    Where is this residential income property located?
    The property is located at 420 Staley Rd Champaign, IL.
    What is the asking price?
    The asking price for this property is $225,000.
    (217) 351-1988
    Request Owner's contact information
    420 Staley Rd Champaign, IL 61822
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    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
    420 Staley Rd Champaign, IL 61822
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