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    109 Mattis Ave Champaign, IL 61821

    For Lease
    Contact for pricing

    High-traffic retail space available in Champaign, IL

    Lot size:
    88,105 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Champaign Commons offers exceptional retail opportunities in a thriving Champaign, Illinois location. This well-maintained shopping center, totaling 88,105 square feet, boasts a strong anchor tenant, Schnucks, and benefits from its strategic position at the signalized intersection of Mattis Avenue and Church Street. The property's convenient access to Interstates 57 and 72 ensures high visibility and accessibility for customers. Currently, there are 1,300 square feet of vacant space available for lease, offering a chance to establish a presence in a bustling commercial area serving both the established residential community and the substantial student population of the University of Illinois at Urbana-Champaign (over 56,000 students). The 3.43-acre lot provides ample space for various retail uses. The property is categorized as a grocery-anchored retail center with multiple tenancies, indicating a diverse and established customer base. This prime location in Champaign County, Illinois (zip code 61821), presents a unique investment opportunity for businesses seeking high foot traffic and strong community engagement. The address is 109 N Mattis Ave, Champaign, IL. The property is classified as retail, specifically a grocery center.

    Property Features for 109 Mattis Ave

    General Information

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

    Unit(s) available at that property

    Space
    Outlot 5
    Size
    0 SF
    Space
    Outlot 6
    Size
    99,752 SF
    Space
    Fuel Center
    Size
    1,300 SF

    HighLights

    • Former fuel center buildings totaling 1,300 SF available for lease within a Schnucks‑anchored retail center.
    • Other tenants include Texas Roadhouse and Monical's Pizza.
    • 1,300 SF building ready for immediate retail or office occupancy.
    • Available land parcels: 1.14‑acre outlot and 2.29‑acre outlot.
    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?
    Retail property - High-traffic retail space available in Champaign, IL
    Where is this retail property located?
    The property is located at 109 Mattis Ave Champaign, IL.
    What are key features of this property?
    This property features: Former fuel center buildings totaling 1,300 SF available for lease within a Schnucks-anchored retail center.; Other tenants include Texas Roadhouse and Monical's Pizza.; 1,300 SF building ready for immediate retail or office occupancy.
    Request Owner's contact information
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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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