Gated Mixed-Use
For Sale
$1,250,000
3612 W Bloomington Road, Champaign, IL 61822
Commercial Sale, Champaign, IL
Property Size7,800 SF
Lot Size9.88 Acres
Price / SF$160.26
Days on Market365
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
Additional Details
Tenant in Place
Yes
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
Listed By:
Diane Dawson · License #475126019
(217) 373-4964
Added: Oct 31, 2025
Changed: Oct 27
Last Checked: Oct 30 at 3:06AM
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.
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Investment Insights
Based on property information with market context.
This 9.88-acre mixed-use property includes a 130 x 60 steel-and-concrete commercial building configured as three separate units. Each unit has its own utilities, entry door, and bathroom. A gated entrance with brick and concrete fencing serves the improvements, which also offer extensive parking, outdoor storage or work areas, and room for future expansion. The property includes a multi-level four-bedroom, 1.5-bath residence with 2,500 square feet, including 1,900 finished square feet, plus a detached 2.5-car garage. Residential updates include interior paint, replacement windows, LVP flooring, and a remodeled kitchen with stainless appliances.
Located on US Rt. 150 between Mahomet and Champaign, the property provides access to Champaign, Mahomet, I-74, and Staley Rd. Mature trees and an adjacent 95-acre prairie restoration frame the site. The commercial space is fully leased through 10/31/2026, with the tenant responsible for property taxes, insurance, utilities, and maintenance.
Located on US Rt. 150 between Mahomet and Champaign, the property provides access to Champaign, Mahomet, I-74, and Staley Rd. Mature trees and an adjacent 95-acre prairie restoration frame the site. The commercial space is fully leased through 10/31/2026, with the tenant responsible for property taxes, insurance, utilities, and maintenance.
Key Highlights
- 9.88‑acre mixed‑use property on US Rt. 150 between Mahomet and Champaign
- 130 x 60 commercial building divided into 3 units with separate utilities, doors, and bathrooms
- Fully leased through 10/31/2026; tenant covers property taxes, insurance, utilities, and maintenance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,598
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,091,960
$1.1M
Cap Rate 7%
$779,971
$780.0K
Cap Rate 9%
$606,644
$606.6K
Market Conditions
NOI Build-Up for 7,800 SF
Gross rent
$95.5K $12.24/SF
− Vacancy
−$8.1K −$1.04/SF
EGI
$87.4K $11.20/SF
− OpEx
−$32.8K −$4.20/SF
NOI
$54.6K $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%
$1,091,960
Cap Rate 7%
$779,971
Cap Rate 9%
$606,644
Alternative Uses
Best Use
Mixed Use
$780.0K
$682.5K – $910.0K
NOI $54,598 @ 7.0% cap · market cap 4.37%
Second Best
Flex RnD
$612.7K
$536.2K – $714.9K
NOI $42,892 @ 7.0% cap · market cap 3.43%
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.
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Current Use
Lease Details
100%
Occupancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased commercial improvements include separate operating units, extensive parking, outdoor storage area, and an updated residence.
Where is this mixed-use property 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: 9.88‑acre mixed‑use property on US Rt. 150 between Mahomet and Champaign; 130 x 60 commercial building divided into 3 units with separate utilities, doors, and bathrooms; Fully leased through 10/31/2026; tenant covers property taxes, insurance, utilities, and maintenance
