Auto Shop with Automatic Car
New
For Sale
$199,900
212 N Vine Street, Urbana, IL 61802
Commercial Sale, Urbana, IL
Property Size2,387 SF
Lot Size0.30 Acres
Price / SF$83.75
Days on Market3
Property Features for 212 N Vine Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Take E University onto N Vine St. The shop is on the left side by the Schnucks parking lot.
Subdivision
Urbana
Standard status
Active
APN
912108478014
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 1 Schnucks Crossing
Tax Annual Amount
16795
Legal Description
Lot 1 Schnucks Crossing
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Central Air, Ceiling Fan(s)
Amenities
full basement
motorized overhead doors
change/service access stations in basement
waste oil heater
central air conditioning
customer restroom
employee office, bathroom, utility room
in-floor radiant heated floor
reverse osmosis system
Building Details
Year built
2003
Floors in Building
1
Flooring type
Vinyl, Concrete
Building materials
Block
Roof type
Membrane
Listing Agency:
RE/MAX REALTY ASSOCIATES-CHA · RE/MAX International
Listed By:
Eddie Mullins
(217) 373-4964
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 23 at 12:06AM
MLS# 12787667
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2003, this 2,387-square-foot auto shop sits on a 0.2967-acre parcel at 212 N Vine Street in Urbana. The shop has three drive-through bays with motorized 10-foot overhead doors at the front and rear. A full basement contains service access stations and a waste oil heater with a metered system. The property also includes a single-bay automatic car wash with an in-floor radiant heating system and reverse osmosis equipment.
The front office has central air conditioning and heating, plus a customer restroom. Separate employee space includes an office, restroom, and utility room. The building is zoned COMMR and is located in the Urbana Schnucks parking lot.
The front office has central air conditioning and heating, plus a customer restroom. Separate employee space includes an office, restroom, and utility room. The building is zoned COMMR and is located in the Urbana Schnucks parking lot.
Key Highlights
- Three drive‑through service bays with 10‑foot overhead doors at both ends
- Single‑bay automatic car wash with in‑floor radiant heat and reverse osmosis system
- 2,387‑square‑foot building on 0.2967 acres; built in 2003
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,025
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,500
$220.5K
Cap Rate 7%
$157,500
$157.5K
Cap Rate 9%
$122,500
$122.5K
Market Conditions
NOI Build-Up for 2,387 SF
Gross rent
$16.6K $6.96/SF
− Vacancy
−$864 −$0.36/SF
EGI
$15.7K $6.60/SF
− OpEx
−$4.7K −$1.98/SF
NOI
$11.0K $4.62/SF
Area
Champaign County, IL
Vacancy
5.20%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,500
Cap Rate 7%
$157,500
Cap Rate 9%
$122,500
Alternative Uses
Best Use
Specialty Retail
$385.3K
$337.2K – $449.5K
NOI $26,972 @ 7.0% cap · market cap 13.49%
Second Best
Retail
$288.3K
$252.3K – $336.4K
NOI $20,181 @ 7.0% cap · market cap 10.10%
Theoretical Best
Office A
$496.6K
$434.5K – $579.4K
NOI $34,762 @ 7.0% cap · market cap 17.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Service bays
Location Intelligence
Trade Area within ½ mile
2,105
Businesses Nearby
180k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 22%
Electronics 1%
Beauty & Spa 1%
McDonald's
Dining
33,155 visits/mo
0.3 miles
Culver's
Dining
21,130 visits/mo
0.3 miles
Starbucks
Dining
16,341 visits/mo
0.1 miles
Wendy's
Dining
15,665 visits/mo
0.2 miles
Panda Express
Dining
15,418 visits/mo
0.2 miles
Demographics for 61802, IL
19,460
Population
10,066
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
82.1 sq mi
ZIP Area
237
Density / Sq Mi
$58,588
Median Household Income
$40,600
Median Earnings
$996
Median Rent
$158,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Firestone — Urbana, IL 61801
- Michelin — 307 1/2 W Locust St, Urbana, IL 61801
- Kirby's Tire & Service Center — 303 W Main St, Urbana, IL 61801
- PixoVIN — 110 W Main St, Urbana, IL 61801
- Dyno-Tune — 104 S Vine St, Urbana, IL 61802
Frequently Asked Questions
What type of property is this?
Auto shop - Three service bays, office areas, and an automatic wash system serve customer and employee needs.
Where is this auto shop located?
The property is located at 212 N Vine Street Urbana, IL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three drive‑through service bays with 10‑foot overhead doors at both ends; Single‑bay automatic car wash with in‑floor radiant heat and reverse osmosis system; 2,387‑square‑foot building on 0.2967 acres; built in 2003
