Industrial Building with Gated
For Sale
$1,250,000
3612 W Bloomington Road, Champaign, IL 61822
COMMERCIAL - Champaign, IL
Property Size7,800 SF
Lot Size9.88 Acres
Price / SF$160.26
Days on Market273
Property Features for 3612 W Bloomington Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Bloomington Rd (Rt 150) West of Mattis to 3612 W Bloomington Rd.
Subdivision
Champaign, Savoy
Standard status
Active
APN
121428300008
Lot size
9.88 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 102 BILL SUB
Tax Annual Amount
9519
Legal Description
LOT 102 BILL SUB
Utilities
Utilities
Natural Gas Available
Sewer type
Septic Tank
Cooling system
Ceiling Fan(s), Central Air
Water source
Well
Building Details
Year built
1961
Floors in Building
1
Flooring type
Concrete
Building materials
Steel Siding, Wood
Listing Agency:
RE/MAX REALTY ASSOCIATES-CHA · RE/MAX International
(217) 373-4964
Listed By:
Diane Dawson · License #475126019
(217) 373-4964
Added: Oct 31, 2025
Changed: Jul 30
Last Checked: Jul 30 at 1:06PM
MLS# 12468790
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.
Investment Insights
Based on property information with market context.
This fully leased industrial property features a gated security entry with a brick and concrete fence leading to a 130-by-60 building. The building is currently divided into three separate units, each with its own utilities, doors, and bathrooms. The site includes extensive parking, plus open space suitable for outdoor storage and work areas.
The property sits on 9.88 acres at 3612 W Bloomington Road, Champaign, IL 61822, described as conveniently located between Mahomet and Champaign on US Rt. 150. Access is noted to Champaign, Mahomet, I-74, and Staley Rd.
Also included is a multi-level residential home with 4 bedrooms and 1.5 baths, totaling 2,500 square feet (1,900 finished), along with a detached 2.5-car garage. Recent updates include a freshly painted interior, replacement windows, new LVP flooring throughout, and an updated kitchen with stainless appliances. The property is identified by PINs 12-14-33-100-011 and 12-14-28-300-008. The current lease structure is described as a triple lease through 10/31/2026, with the tenant paying property taxes, insurance, utilities, and maintenance, and paying $7,500 per month in rent.
The property sits on 9.88 acres at 3612 W Bloomington Road, Champaign, IL 61822, described as conveniently located between Mahomet and Champaign on US Rt. 150. Access is noted to Champaign, Mahomet, I-74, and Staley Rd.
Also included is a multi-level residential home with 4 bedrooms and 1.5 baths, totaling 2,500 square feet (1,900 finished), along with a detached 2.5-car garage. Recent updates include a freshly painted interior, replacement windows, new LVP flooring throughout, and an updated kitchen with stainless appliances. The property is identified by PINs 12-14-33-100-011 and 12-14-28-300-008. The current lease structure is described as a triple lease through 10/31/2026, with the tenant paying property taxes, insurance, utilities, and maintenance, and paying $7,500 per month in rent.
Key Highlights
- Current lease provides $90,000 annual income with zero expenses through 10/31/2026.
- Massive 130 x 60 commercial building divided into 3 units, each with separate utilities, doors, and bathrooms.
- Includes a 4‑bedroom, 1.5‑bath, 2500 sqft residential home with a detached 2.5‑car garage.
Financial Insights For Flex RnD
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 | $70.2k | $9.00 |
| − Vacancy | −$4.2k | −$0.54 |
| EGI | $66.0k | $8.46 |
| − OpEx | −$23.1k | −$2.96 |
| NOI | $42.9k | $5.50 |
7,800 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$612.7K
$536.2K – $714.9K
NOI $42,892 @ 7.0% cap · market cap 3.43%
Second Best
Industrial
$514.7K
$450.3K – $600.4K
NOI $36,026 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,593 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Gated brick-and-concrete secured site with a 130-by-60 building currently divided into three separately served units.
Where is this flex space located?
The property is located at 3612 W Bloomington Road 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: Current lease provides $90,000 annual income with zero expenses through 10/31/2026.; Massive 130 x 60 commercial building divided into 3 units, each with separate utilities, doors, and bathrooms.; Includes a 4‑bedroom, 1.5‑bath, 2500 sqft residential home with a detached 2.5‑car garage.
