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Property profile & analytics

2602 Mattis Ave Champaign, IL 61822

  • Commercial real estate
Value Estimation
Location Intelligence
Property ID
US28-2701364
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

  • Auto Club Detailing / Car Detailing Service
  • Perfect Touch AutoRepair / Car Repair And Maintenance Service / Auto Repair Shop
  • Crossroads Contractor Supply / Building Materials Supplier / Delivery Service
  • Ross Racing Enterprises / Racing Car Parts Store
  • MYST AUTO CHAMPAIGN / Car Dealer / Tuning Automobile

Property Details for 2602 Mattis Ave

Property type
Commercial real estate
APN
411435351025
APU
411435351025

Description

This exceptional investment opportunity presents two buildings totaling 26,456 square feet of fully leased flex space in Champaign, Illinois. Located at 2602 N Mattis Ave, this Core+ property boasts a 7.24% cap rate and a strong net operating income (NOI) of $105,000, with an asking price of $1,450,000 ($54.81/sq ft). The property is currently subdivided into seven individual office/flex suites, catering to a diverse tenant base. The buildings offer significant advantages including over 50 parking spaces and eight overhead doors, ensuring convenient access and operational efficiency. Situated in the northwest Champaign area, this property benefits from excellent visibility and accessibility, with quick access to Interstate highways and high traffic volume (ADT of 9,800 vehicles). The gross lease structure simplifies management, while the 100% occupancy guarantees immediate cash flow. This is a rare opportunity to acquire a high-performing, multi-tenant industrial property in a thriving market. The property's combination of strong financial performance, desirable location, and versatile space makes it an ideal addition to any investment portfolio. The property type is industrial, with flex and warehouse subtypes, making it suitable for a variety of businesses. The Champaign County location offers a strategic advantage within the local market.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.2757
Latitude
40.1449
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
$32,143
$36,190
$320,090
$356,280
-
$108,570
$960,270
$1,068,840
More about this property
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