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    Champaign, IL
    NNN

    Champaign, IL NNN Properties for Sale

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    Urbana, IL Savoy, IL Philo, IL
    New Construction NNN Ground Lease
    Updated: Nov 9, 2024
    New Construction NNN Ground Lease

    1703 W Springfield Ave, Champaign, IL

    $1,538,462
    510 sqft · 0.98 AC lot
    Brand new 2024 construction with a long‑term 15 year ground lease
    Absolute NNN ground lease structure with zero landlord responsibility
    Expertly situated on major thoroughfare, which sees over 20,000 VPD and benefits from busy morning commuter traffic
    Dense infill market with 98,858 residents living within a 3‑mile radius of the property
    Less than 3‑miles from The University of Illinois, the largest university in the state with over 66,000 students and faculty
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    Take 5 Champaign Investment Opportunity
    Updated: Jan 7, 2025
    Take 5 Champaign Investment Opportunity

    1701 West Springfield Avenue, Champaign, IL 61821

    $2,029,230
    1,372 sqft
    Long‑Term Triple Net (NNN) Lease: Enjoy passive income with minimal responsibilities.
    Strategic Location: Situated off West Springfield Avenue and South Mattis Avenue, ensuring high visibility.
    High Traffic Volume: Benefits from over 25,000 vehicles per day (VPD), maximizing exposure.
    Secured Investment: Provides a stable and reliable investment opportunity.
    New Construction: Built in 2024, minimizing potential maintenance costs.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Champaign, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Decatur Commercial Investment Opportunity
    Decatur Commercial Investment Opportunity

    3090 N Main St, Decatur, IL

    $1,247,500
    10,160 sqft · 0.88 AC lot

    Well-maintained commercial property with established tenants and strong returns.

    View details
    Freestanding Monro Auto Service Investment
    Freestanding Monro Auto Service Investment

    1809 Eastland Dr, Bloomington, IL

    $1,350,000
    10,676 sqft · 0.72 AC lot

    NNN leased Monro Auto Service property for sale.

    View details
    Walgreens on Illinois Route 48
    Walgreens on Illinois Route 48

    1311 IL-48, Decatur, IL 62526

    $3,470,000
    12,918 sqft

    Net-leased Walgreens in Decatur, Illinois, a durable investment opportunity.

    View details
    Freestanding Monro Auto Investment Property
    Freestanding Monro Auto Investment Property

    1809 Eastland Dr, Bloomington, IL 61704

    $1,350,000
    10,676 sqft

    NNN leased auto service property in Bloomington, Illinois.

    View details

    Champaign, IL Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Champaign, IL on our real estate platform. These investment opportunities span a total of 1,882 square feet of properties for sale, with an estimated market value of $3,567,692.

    Sale prices for triple net lease properties in Champaign, IL start at $1,538,462, averaging $1,783,846, and reaching up to $2,029,230 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 96K
    Population Growth (5Y) +1.5%
    Median Household Income $62,086
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Champaign submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61821 $2M

    Taxes & Financing

    Tax Rate (average for all types) 8.86%
    Property Tax per SF $37.00 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Champaign fall within the 100,000+ square foot range.

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