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Property profile

109 Mattis Ave Champaign, IL 61821

OFF-MARKET
Retail properties & Spaces
88,105 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 88,105 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Grocery & Convenience Store Food Market
  • Bank Credit Union
  • Atm
  • Atm

Location

109 Mattis Ave Champaign, IL 61821
Champaign metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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