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    109 Mattis Ave Champaign, IL 61821

    Sponsored
    For Lease
    Contact for pricing

    Grocery-anchored retail center; spaces available

    Lot size:
    88,105 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Champaign Commons offers exceptional retail opportunities in a thriving, stable community. This well-maintained shopping center, totaling 88,105 square feet, is anchored by Schnucks, a premier Midwest grocery retailer. Its strategic location at the signalized intersection of Mattis Avenue and Church Street provides unparalleled visibility and accessibility. Situated conveniently near Interstate 57 and the terminus of Interstate 72, the center benefits from high traffic volume and serves a substantial customer base, including the University of Champaign-Urbana's 56,000+ student population and the surrounding residential community. Multiple tenancy options are available, with spaces ranging from a minimum of 1,384 square feet to a maximum contiguous space of 3,331 square feet. Currently, 4,715 square feet of space is vacant, presenting a unique opportunity for businesses seeking prime retail locations. The strong demographics of the surrounding residential area, coupled with the center's prominent location and grocery store anchor, create a compelling investment opportunity with significant growth potential. This is an ideal location for businesses seeking to establish a strong presence in a vibrant and densely populated market.

    Property Features for 109 Mattis Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    88,105 SF

    Unit(s) available at that property

    Space
    Suite 113K
    Size
    1,400 SF
    Space
    Suite 113H
    Size
    3,331 SF
    Space
    Suite 105C
    Size
    1,384 SF
    Space
    Suite 105D
    Size
    5,426 SF

    HighLights

    • 88,105 SF grocery‑anchored retail center with multiple tenants.
    • Four spaces available, ranging from 1,384 to 5,426 square feet.
    • 4,715 square feet of vacant space available.
    • Strong demographics in a stable residential community.
    • Anchored by Schnucks, a leading Midwest grocery retailer.
    • Prime location at the intersection of Mattis Avenue, University Avenue, and Church Street, near I‑57 and I‑72, serving the University of Illinois community.
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Pharmacy Pharmacy Schnucks Champaign Grocery Store MoneyGram Money Transfer Service Coinhub Bitcoin ATM ... Atm LibertyX Bitcoin ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2788105
    Latitude
    40.1170124

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    FAQs

    What type of property is this?
    Individual retail property - Grocery-anchored retail center; spaces available
    Where is this individual retail property located?
    The property is located at 109 Mattis Ave Champaign, IL.
    What are key features of this property?
    This property features: 88,105 SF grocery-anchored retail center with multiple tenants.; Four spaces available, ranging from 1,384 to 5,426 square feet.; 4,715 square feet of vacant space available.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 Mattis Ave Champaign, IL 61821
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