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Property profile & analytics

713 Market St Champaign, IL 61820-3004

  • Auto shops
  • 0.83 lot acres
OFF-MARKET
Last Sale
Jan 07, 2021
Value Estimations
$275,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-1403051
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Silver Machine Shop / Machine Shop

Property Details for 713 Market St

Lot size
0.83 lot acres
Property type
Auto shops
APN
422012289007
APU
422012289007

Description

This exceptional 1.3-acre industrial property at 713 N Market Street in Champaign, IL, presents a unique investment opportunity. The site boasts three buildings totaling 19,300 square feet, offering a blend of historical charm and modern functionality. The newest structure, built in 2000, comprises 9,600 square feet and features a pole-frame design with four 14-foot overhead doors, an 8-inch thick floor, 800-amp electrical service, a small office, multiple bathrooms, central air conditioning, and natural gas space wall heaters. The older structures, dating back to 1881 with additions in 1990 and 1993, encompass 9,700 square feet, including a 5,158 square foot second floor in the original brick building. This section features original hardwood floors and windows, a small office, two bathrooms, and is conditioned with plumbing for an air compressor system. The older buildings have a 6-inch thick floor. The property benefits from its location within the Champaign Enterprise Zone, surrounded by similar industrial and construction businesses, and enjoys excellent visibility along Market Street on the north side of downtown Champaign. This versatile property is ideal for a variety of industrial or commercial uses, offering significant potential for redevelopment or continued operation. The asking price is $1,200,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $275,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.2393
Latitude
40.1237
CBSA code
16580
CBSA name
CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,790
$22,250
$130,670
$152,920
-
$66,750
$392,010
$458,760
More about this property
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