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    Property profile & analytics

    1200 Bloomington Rd Champaign, IL 61821-1647

    • Automotive properties
    OFF-MARKET
    Value Estimation
    $720,000
    Last Sale
    Aug 10, 2022
    $700,000
    Location Intelligence
    Property ID
    US28-1586289
    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

    • Autotown / Used Car Dealer / Truck Dealer
    • Jessie DeHaan - COUNTRY Financial representative / Motorcycle Insurance Agency / Renter'S Insurance Agency

    Property Details for 1200 Bloomington Rd

    Property type
    Automotive properties
    APN
    412002252013
    APU
    412002252013

    Description

    This single-story, 3,000 square foot commercial office building at 1200 W Bloomington Rd offers a fantastic leasing opportunity. The property sits on a 0.64-acre lot and is zoned for commercial use. The building features two suites, currently offering 500 square feet of immediately available space. Each of the two remodeled suites is approximately 160 square feet and includes a private exterior door with signage and dedicated parking. An additional conference/office space is accessible through a co-tenant's area. The building boasts a large shared break room and two restrooms for tenant convenience. Utilities are included in the lease, and existing office furniture may be available. The property enjoys excellent visibility and convenient access to interstate highways, making it an ideal location for a variety of businesses. The building has no elevators. This is a multi-tenant property with a total of two suites. Don't miss this chance to secure prime office space in a desirable location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $720,000

    • CAP approach

      CAP return
      Estimation
      6%
      $750,000
      6.5%
      $655,000
      7%
      $745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $710,000
      Geo Method
      $765,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $695,000
      Retail
      $800,000
      Mixed-Use
      $635,000
      Hospitality
      $670,000
      Educational
      $800,000
      Residential Income
      $715,000
      Energy
      $725,000
      Income-Based Land
      $695,000
      Food Service
      $765,000

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2654
    Latitude
    40.1358
    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
    $15,225
    $35,600
    $133,230
    $168,830
    -
    $106,800
    $399,690
    $506,490

    Comparable in this City

    • Value Estimation
      $305,000
      0.85 Acres

      1102 Bloomington Rd

      VEHICLE SALES, RENTALS • 0.85 Acres
      1102 Bloomington Rd, Champaign, IL 61821-1649
      View Details
    • Value Estimation by Request

      1110 Bloomington Rd

      VEHICLE SALES, RENTALS
      1110 Bloomington Rd, Champaign, IL 61821-1649
      View Details
    • Value Estimation by Request

      Champaign, IL 61821

      GAS STATION
      Champaign, IL 61821
      View Details
    • Value Estimation
      $1,230,000

      707 Mattis Ave

      AUTO REPAIR, GARAGE
      707 Mattis Ave, Champaign, IL 61821-2449
      View Details
    • Value Estimation by Request
      1,372 SF

      1701 Springfield Ave

      Automotive properties • 1,372 SF
      1701 Springfield Ave, Champaign, IL 61821
      View Details
    • Value Estimation by Request

      1308 Church St

      AUTO REPAIR, GARAGE
      1308 Church St, Champaign, IL 61821
      View Details

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    1200 Bloomington Rd
    Champaign, IL 61821-1647
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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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