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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Warehouses
1205 Harris Ave, Champaign, IL 61820-2526
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-0911513
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
APN
412001355020
UPID
US28-0911513
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Baird Gillespie Ventures LLC · 4 yrs held
Baird Gillespie Ventures LLC
since 2021
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Champaign submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Champaign submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$675,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Oct 20 2021)
Last sale anchor
$625k
Oct 20 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,936
Tax year 2023
Assessed value
$209,980
Assessed 2023
Previous assessed
$193,710
+8.4% YoY
Effective rate
9.02%
On assessed value
Assessed land
$41,670
Assessed improvement
$168,310
Land market value
$125,010
Improvement market value
$504,930
Total market value
$629,940
Applied tax rate
4,156.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
APN
412001355020
UPID
US28-0911513
Jurisdiction
CHAMPAIGN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Current owner
From public records · entity-resolved
Baird Gillespie Ventures LLC
Entity
Mailing address
901 S 1ST ST, CHAMPAIGN, IL 61820-6045
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2022
—
Baird Gillespie Ventures LLC
—
Deed
related
$231,042 · Bankchampaign NA
Oct 20, 2021
$625,000
Baird Gillespie Ventures LLC
Bank Champaign NA
Deed
$1,440,000 · Bankchampaign NA
Dec 13, 2019
—
Bankchampaign NA Trust Bct-021
—
Deed
related
$78,735 · Bankchampaign
Mar 26, 2014
$125,000
Trust Bct-021
Trust 104
Grant Deed
—
Feb 3, 2010
$82,500
Bankchampaign Trust 104
Ramos,bernard
Grant Deed
—
Sep 1, 2005
$150,000
Bernard Ramos
M & A Nine Corp
Warranty Deed
$189,210 · First Midwest Bank
Sep 1, 2005
—
M & A Nine Corp
Manasra,mowafaq
Quit Claim Deed
related
—
Oct 3, 2003
—
Mowafaq Manasra
Rumsey,john A & Deborah A
Trustees Deed
related
—
Sep 16, 2003
$126,000
M Manasra
Rumsey,john A
Trustees Deed
—
—
—
Trust Bct-021
—
Deed Of Trust
related
$30,000 · Bankchampaign
—
—
Trust Bct-021
—
Deed Of Trust
related
$150,000 · Bankchampaign
—
—
Deborah A Rumsey
—
Deed Of Trust
related
$10,000 · Tracy Asset Management INC
—
—
Deborah A Rumsey
—
Deed Of Trust
related
$100,000 · National City Bank Michigan/il
—
—
Bankchampaign NA Trust Bct-021
—
Loan Modification
related
$78,735 · Bankchampaign
—
—
Trust No Bct-021
—
Loan Modification
related
$510,904 · Bankchampaign
—
—
John Rumsey
—
Deed Of Trust
related
$28,500 · Central Illinois Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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