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    510 Staley Rd Champaign, IL 61822

    Sponsored
    For Sale
    $899,000

    Spacious Office & Warehouse Space, High Visibility

    Property size:
    24,748 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 24,748-square-foot office and warehouse property presents a compelling investment opportunity in southwest Champaign, Illinois. Situated on a 2.25-acre lot, the building boasts a two-story office component and a substantial 17,820-square-foot warehouse. The warehouse space is adaptable, easily divisible to accommodate multiple tenants, and offers convenient access from both the east side and the interior office area. A curved driveway ensures easy access to the ample parking. The building's prime location on Staley Road provides excellent visibility and high traffic exposure, maximizing potential for business growth. The front 4,548 square feet of office space is currently available for lease, while a portion of the rear space is already occupied by existing tenants. This property offers a unique blend of immediate income potential and significant expansion opportunities, making it an ideal acquisition for investors seeking a strong return on investment in a thriving market. The building's layout and features are designed to maximize efficiency and functionality, catering to a diverse range of business needs. This is a rare opportunity to acquire a substantial, well-located commercial property in a desirable area of Champaign. The property's size, layout, and location combine to create a truly exceptional investment prospect. The asking price is $899,000.

    Property Features for 510 Staley Rd

    General Information

    Property type
    Investment properties
    Square Feet
    24,748 SF
    Lot Size
    98,010 SF

    Building Details

    Year Built
    1983
    Property Profile Location Intelligence

    Current Use by Public Records

    Chapin Rose Government Office Merrill Landscape Services Pest Control Service Ann Osterling Therapy ... Speech Pathologist Debra Bliss Occupational Therapist Kimme & Associates Architect

    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
    -88.31396
    Latitude
    40.11121

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    FAQs

    What type of property is this?
    Investment property - Spacious Office & Warehouse Space, High Visibility
    Where is this investment property located?
    The property is located at 510 Staley Rd Champaign, IL.
    What is the asking price?
    The asking price for this property is $899,000.
    (217) 356-8750
    Request Owner's contact information
    510 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
    510 Staley Rd Champaign, IL 61822
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