Auto Shop
For Sale
$475,000
2112 N Market Street, Champaign, IL 61822
For sale automotive property at 2112 N Market Street in Champaign, located along North Market Street (IL-45).
Days on Market10
Property Features for 2112 N Market Street
General Information
Standard status
Active
Property subtype
Business Opportunity
Amenities
Central Air
Building Details
Building Size
6,249 SF
Listing Agency:
eXp Realty LLC
(217) 493-9297
Listed By:
Nate Evans · License #475124281
(217) 493-9297
Source:
Evrealestate
Added: Jul 23
Changed: Jul 27
Last Checked: Aug 1 at 6:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC
Investment Insights
Based on property information with market context.
This for-sale automotive property at 2112 N Market Street in Champaign is suited for auto shop and related automotive uses. The asset is identified within the listings as an automotive property and retail space category, offering an established building for those seeking a purpose-built commercial footprint.
Access is provided from North Market Street (IL-45). Directions are to head north toward the Market Place Mall area, continue on North Market Street past Marketview Drive, and the property will be on the left-hand side.
The listing provides address and routing details in Champaign County and does not include additional specifications such as unit mix, improvements, or available configuration.
Access is provided from North Market Street (IL-45). Directions are to head north toward the Market Place Mall area, continue on North Market Street past Marketview Drive, and the property will be on the left-hand side.
The listing provides address and routing details in Champaign County and does not include additional specifications such as unit mix, improvements, or available configuration.
Key Highlights
- Automotive property for sale at 2112 N Market St in Champaign (County: Champaign)
- Located along North Market Street (IL‑45)
- Central air conditioning
Financial Insights For Industrial
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 | $43.5k | $6.96 |
| − Vacancy | −$2.3k | −$0.36 |
| EGI | $41.2k | $6.60 |
| − OpEx | −$12.4k | −$1.98 |
| NOI | $28.9k | $4.62 |
6,249 SF · lease $6.96/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$754.8K
$660.4K – $880.6K
NOI $52,833 @ 7.0% cap · market cap 11.12%
Second Best
Industrial
$412.3K
$360.8K – $481.0K
NOI $28,862 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,005 @ 7.0% cap · market cap 19.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
21k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Office Supplies 94%
Shops & Services 6%
Office Depot
Office Supplies
19,225 visits/mo
0.2 miles
U-Haul
Shops & Services
853 visits/mo
0.3 miles
Extra Space Storage
Shops & Services
454 visits/mo
0.3 miles
Demographics for 61822, IL
25,091
Population
11,923
Households
2.1
Avg Household Size
38
Median Age
58%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
234
Density / Sq Mi
$97,044
Median Household Income
$55,385
Median Earnings
$1,265
Median Rent
$264,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- B Sanchez Auto Repair Inc — 101 Edgebrook Dr, Champaign, IL 61820
- Gallo-Miller Paint & Collision — 501 W Kenyon Rd, Champaign, IL 61820
- Altorfer CAT Rental - Urbana, IL — 1519 W Kenyon Rd, Urbana, IL 61801
- Valvoline — 501 W Marketview Dr, Champaign, IL 61822
- Marketview Carwash — 501 W Marketview Dr, Champaign, IL 61822
Frequently Asked Questions
What type of property is this?
Auto shop - For sale automotive property at 2112 N Market Street in Champaign, located along North Market Street (IL-45).
Where is this auto shop located?
The property is located at 2112 N Market Street Champaign, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Automotive property for sale at 2112 N Market St in Champaign (County: Champaign); Located along North Market Street (IL‑45); Central air conditioning
