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    1910 Moreland Blvd Champaign, IL 61822

    Sponsored
    For Sale
    $5,250,000

    Prime location, two buildings, high income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Champaign, IL property, located at 1910 Moreland Blvd, presents a unique investment opportunity. The property consists of two free-standing buildings totaling over 15,000 square feet situated on over 4 acres of land. The main building, a former auto dealership showroom, boasts 6,200 square feet of open space, private offices, a staff area, a break room, and a customer refreshment center. High ceilings, ample natural light, and separate restrooms enhance the space. The second building, a 9,000 square foot auto repair facility with nine bays, an office area, and a parts retail room, is currently leased for the next five years, generating a $10,000 NNN monthly income. The property features a large asphalt-paved parking lot accommodating over 400 vehicles and a 300-foot frontage on a private lake. All existing furniture and equipment are included. This turnkey operation is ideally located in Champaign's business district, near major dealerships, Market Place Mall, and easy highway access. The property is available for sale at $5,250,000 or lease (front office only

    Property Features for 1910 Moreland Blvd

    General Information

    Property type
    Automotive properties

    HighLights

    • Prime Champaign location, ideal for auto dealership or similar business.
    • Modern, updated facility with 15‑year history of successful operation.
    • Move‑in ready; located in high‑traffic business district near major retailers and highway access.
    • Two buildings totaling over 15,200 square feet on 4+ acres, including a 6,200 sq ft showroom and a 9,000 sq ft repair shop.
    • Repair shop currently leased for $10,000/month NNN for 5 years.
    • Large paved lot with 400+ vehicle capacity and 300 ft frontage on a lake.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.249626
    Latitude
    40.139277

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    FAQs

    What type of property is this?
    Automotive property - Prime location, two buildings, high income potential.
    Where is this automotive property located?
    The property is located at 1910 Moreland Blvd Champaign, IL.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: Prime Champaign location, ideal for auto dealership or similar business.; Modern, updated facility with 15-year history of successful operation.; Move-in ready; located in high-traffic business district near major retailers and highway access.
    (217) 621-4965
    Request Owner's contact information
    1910 Moreland Blvd Champaign, IL 61822
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    Champaign, IL 61822
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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
    1910 Moreland Blvd Champaign, IL 61822
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