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    OFF-MARKET
    Retail properties & Spaces

    229 Mattis Ave, Champaign, IL 61821

    304,588 SF 33 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    Country Fair Shopping Center offers a unique leasing opportunity in Champaign County. This 304,588 square foot, Class B retail and office property, built in 1960, sits on 33 acres of land and boasts 2,000 parking spaces. The property features multiple suites, ranging from a minimum of 481 square feet to a maximum contiguous space of 43,962 square feet, currently vacant. The center is strategically located at the northwest corner of Springfield Avenue (IL Rt. 10) and Mattis Avenue, a high-traffic area with 14,600 vehicles per day on Springfield Avenue and 23,000 vehicles per day on Mattis Avenue. This prime location offers excellent visibility and accessibility, surrounded by other major retailers including Round Barn Shopping Center, Union Square, and Walgreens. The property is zoned CG and has a single story design. Several available spaces offer various layouts and sizes, suitable for a range of businesses. Some spaces feature existing build-outs, while others offer the opportunity for custom build-outs to suit specific tenant needs. Outlots are also available for land lease or build-to-suit options. The property's APN is 41-20-10-452-004, 41-20-10-476-006, -008, -009, -002. This is an exceptional opportunity to establish a presence in a thriving retail corridor.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1960
    Total area 304,588 SF
    Lot 33 ac (1,437,480 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
    • Country Fair Shopping Center Shopping Center & Mall
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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