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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

109 Mattis Ave Champaign, IL 61821

88,105 SF
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CVS Pharmacy Pharmacy
  • Schnucks Champaign Grocery & Convenience Store Food Market
  • MoneyGram Bank Credit Union
  • Coinhub Bitcoin ATM Teller Atm
  • LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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