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    229 Mattis Ave Champaign, IL 61821

    Sponsored
    For Lease
    $6 SF/Yr

    Retail/Office space available; 481-43,962 sq ft

    Lot size:
    304,588 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Country Fair Shopping Center offers a unique leasing opportunity in Champaign County. This 304,588 square foot, Class B retail and office property, built in 1960, sits on 33 acres of land and boasts 2,000 parking spaces. The property features multiple suites, ranging from a minimum of 481 square feet to a maximum contiguous space of 43,962 square feet, currently vacant. The center is strategically located at the northwest corner of Springfield Avenue (IL Rt. 10) and Mattis Avenue, a high-traffic area with 14,600 vehicles per day on Springfield Avenue and 23,000 vehicles per day on Mattis Avenue. This prime location offers excellent visibility and accessibility, surrounded by other major retailers including Round Barn Shopping Center, Union Square, and Walgreens. The property is zoned CG and has a single story design. Several available spaces offer various layouts and sizes, suitable for a range of businesses. Some spaces feature existing build-outs, while others offer the opportunity for custom build-outs to suit specific tenant needs. Outlots are also available for land lease or build-to-suit options. The property's APN is 41-20-10-452-004, 41-20-10-476-006, -008, -009, -002. This is an exceptional opportunity to establish a presence in a thriving retail corridor.

    Property Features for 229 Mattis Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    304,588 SF
    Class
    B
    Total Rate
    152294

    Building Details

    Year Built
    1960
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 14B - 14 Front
    Size
    43,962 SF
    Rate per SF
    $6
    Space
    3A/B (Former CVS)
    Size
    17,821 SF
    Rate per SF
    $8
    Space
    Suite 10-11
    Size
    5,252 SF
    Space
    Suite 17
    Size
    1,200 SF
    Rate per SF
    $10
    Space
    Suite 18
    Size
    930 SF
    Rate per SF
    $10
    Space
    Suite 18A
    Size
    1,150 SF
    Rate per SF
    $10
    Space
    Suite 19
    Size
    4,200 SF
    Rate per SF
    $8
    Space
    Suite 25
    Size
    2,040 SF
    Rate per SF
    $10
    Space
    Suite 28D
    Size
    2,220 SF
    Rate per SF
    $8
    Space
    Suite O-1/A1
    Size
    5,470 SF
    Rate per SF
    $8
    Space
    13A
    Size
    481 SF
    Rate per SF
    $12

    HighLights

    • 304,588 square foot retail/office center with multiple tenancies available for lease.
    • 481 square feet minimum divisible space; 43,962 square feet maximum contiguous space available.
    • 11 suites total; 43,962 square feet currently vacant.
    • 33‑acre site with 2,000 parking spaces.
    • Class B building, built in 1960, single story.
    Property Profile Location Intelligence

    Current Use by Public Records

    Country Fair Shopping ... Shopping Mall

    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
    -88.2795705
    Latitude
    40.1139835

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    FAQs

    What type of property is this?
    Retail property - Retail/Office space available; 481-43,962 sq ft
    Where is this retail property located?
    The property is located at 229 Mattis Ave Champaign, IL.
    What is the lease rate?
    The lease rate is $0.00-$12 SF/Yr.
    What are key features of this property?
    This property features: 304,588 square foot retail/office center with multiple tenancies available for lease.; 481 square feet minimum divisible space; 43,962 square feet maximum contiguous space available.; 11 suites total; 43,962 square feet currently vacant.
    Request Owner's contact information
    229 Mattis Ave Champaign, IL 61821
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    Champaign, IL 61821
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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
    229 Mattis Ave Champaign, IL 61821
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