NNN Commercial Property with
For Sale
$1,250,000
3612 W Bloomington Rd, Champaign, IL 61822
Gated commercial compound with leased improvements, a separate residence, outdoor storage area, and room for future expansion.
Property Size7,800 SF
Lot Size10.00 Acres
Price / SF$119.73
Days on Market58
Property Features for 3612 W Bloomington Rd
General Information
Standard status
Active
Size
7,800 SF
Lot size
10.00 Acres
Occupancy
100%
Net Operating Income
$90,000
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Gross Income
$90,000
Land Use
commercial, residential
Amenities
gated entry
detached garage
unfinished basement
four-season room
Building Details
Year Built
1961
Buildings
1
Building Size
7,800 SF
Tenancy
Single
Listing Agency:
RE/MAX REALTY ASSOCIATES-CHA
Listed By:
Diane Dawson · License #475126019
(217) 352-5700
Source:
Bktchicago
Added: Aug 18
Changed: Oct 10
Last Checked: Oct 7 at 12:58PM
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 RE/MAX REALTY ASSOCIATES-CHA
Investment Insights
Based on property information with market context.
This NNN commercial property includes approximately 10 acres, a 10,440-square-foot commercial building, and a separate multi-level residence. The commercial structure is arranged as three units, each with its own utilities, entrances, and bathrooms. A brick-and-concrete fence creates a gated entry, while substantial parking and open areas support outdoor storage, workspace, and potential expansion. The residence contains four bedrooms, 1.5 bathrooms, 2,500 square feet, a detached 2.5-car garage, a four-season room, laundry room, and unfinished basement storage. Interior improvements include replacement windows, updated flooring, fresh paint, and a renovated kitchen with stainless appliances.
The property fronts US Rt. 150 between Mahomet and Champaign, with access to Champaign, Mahomet, I-74, and Staley Rd. Mature trees border the site, which also adjoins a 95-acre prairie restoration. The commercial occupancy is structured under a triple-net lease through 10/31/2026, with the tenant responsible for property taxes, insurance, utilities, and maintenance.
The property fronts US Rt. 150 between Mahomet and Champaign, with access to Champaign, Mahomet, I-74, and Staley Rd. Mature trees border the site, which also adjoins a 95-acre prairie restoration. The commercial occupancy is structured under a triple-net lease through 10/31/2026, with the tenant responsible for property taxes, insurance, utilities, and maintenance.
Key Highlights
- Approximately 10 acres along US Rt. 150 between Mahomet and Champaign
- 10,440‑square‑foot commercial building divided into 3 separately serviced units
- Triple‑net lease in place through 10/31/2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,077
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,461,540
$1.5M
Cap Rate 7%
$1,043,957
$1.0M
Cap Rate 9%
$811,967
$812.0K
Market Conditions
NOI Build-Up for 10,440 SF
Gross rent
$127.8K $12.24/SF
− Vacancy
−$10.9K −$1.04/SF
EGI
$116.9K $11.20/SF
− OpEx
−$43.8K −$4.20/SF
NOI
$73.1K $7.00/SF
Area
Champaign County, IL
Vacancy
8.50%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,461,540
Cap Rate 7%
$1,043,957
Cap Rate 9%
$811,967
Alternative Uses
Best Use
Mixed Use
$1.04M
$913.5K – $1.22M
NOI $73,077 @ 7.0% cap · market cap 5.85%
Second Best
Flex RnD
$820.1K
$717.6K – $956.8K
NOI $57,410 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $152,040 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Gated commercial compound with leased improvements, a separate residence, outdoor storage area, and room for future expansion.
Where is this nnn property located?
The property is located at 3612 W Bloomington Rd Champaign, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 10 acres along US Rt. 150 between Mahomet and Champaign; 10,440‑square‑foot commercial building divided into 3 separately serviced units; Triple‑net lease in place through 10/31/2026
