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    313 Mattis Ave Champaign, IL 61821

    • Investment properties
    • 2.50 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    $495,000
    Location Intelligence
    Property ID
    US28-2506431
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dental Concepts / Dental Laboratory
    • CityBlue Technologies / Copy Shop / Digital Printer
    • Berl Michael / Accountant
    • Ambitech / Engineering Consultant
    • Westgate Mall / Shopping Mall

    Property Details for 313 Mattis Ave

    Lot size
    2.50 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    412010427004
    APU
    412010427004

    Description

    Westgate Mall offers multiple executive office suites for lease, ranging from 145 to 6,000 square feet. This Class B building, totaling 475,891 square feet, is situated on a high-visibility corner at the intersection of Mattis Avenue and Church Street, benefiting from significant daily traffic volume. Mattis Avenue sees an average daily traffic count of 19,800 vehicles, while Church Street boasts 4,250 vehicles per day. The two-story building features an elevator for convenient access and ample parking for tenants and visitors. The property includes well-maintained common areas with restrooms and comfortable seating. Five individual suites are currently available. Lease terms are flexible and adaptable to various needs, accommodating both short-term single-office leases and longer-term commitments for larger spaces. The building is zoned CG. This location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in a high-traffic area. The minimum leasable space is 145 square feet, while the maximum contiguous space available is 6,000 square feet.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $430,000

    • CAP approach

      CAP return
      Estimation
      6%
      $625,000
      6.5%
      $520,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $615,000
      Geo Method
      $580,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $585,000
      Retail
      $535,000
      Mixed-Use
      $665,000
      Hospitality
      $615,000
      Educational
      $525,000
      Residential Income
      $535,000
      Energy
      $565,000
      Income-Based Land
      $590,000
      Food Service
      $720,000

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2775
    Latitude
    40.1191
    CBSA code
    16580
    CBSA name
    CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $68,428
    $97,640
    $661,160
    $758,800
    -
    $292,920
    $1,983,480
    $2,276,400

    Comparable in this City

    • Value Estimation
      $3,380,000
      8.63 Acres

      1720 Anthony Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 8.63 Acres
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    • Value Estimation by Request

      1815 Kirby Ave

      OFFICE/RESIDENTIAL (MIXED USE)
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      406 Kenwood Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      406 Kenwood Rd, Champaign, IL 61821-3606
      View Details
    • Value Estimation
      $295,000
      0.36 Acres

      302 Country Fair Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 0.36 Acres
      302 Country Fair Dr, Champaign, IL 61821-2918
      View Details
    • Value Estimation by Request
      6,895 SF

      1906 Bradley Ave

      Restaurants • 6,895 SF
      1906 Bradley Ave, Champaign, IL 61821
      View Details
    • Value Estimation by Request
      88,105 SF

      109 Mattis Ave

      Individual retail properties • 88,105 SF
      109 Mattis Ave, Champaign, IL 61821
      View Details

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    Similar Nearby for Lease

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      Champaign Commons Retail Outlots

      High-traffic retail space available in Champaign, IL
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      Expansive office space in a prime commercial district.
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      2,100 SF suite with office and warehouse components for rent.
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    • $24 SF/Yr
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      Retail Building in High-Traffic Area

      2,587 SF retail building on 0.90-acre lot for lease.
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      View Details
    • Contact for pricing
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      Champaign Commons Retail Space

      Grocery-anchored retail center; spaces available
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    • $13 SF/Yr
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      First-Floor Office Space Available

      First-floor office space with flexible lease terms.
      501 S Country Fair Dr, Champaign, IL 61821
      View Details
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    313 Mattis Ave
    Champaign, IL 61821
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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
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