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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Office Spaces
1207 Mattis Ave Champaign, IL 61821-4861
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-0123836
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
APN
442015432018
UPID
US28-0123836
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
-
Bret Kroencke - COUNTRY Financial Representative Insurance Agency
-
Peggy L. Baker, CADC Family Counselor
-
Cullop Kathi Family Counselor
-
Accent Counseling Counselor
-
Huey's Home Medical an adapt Health Company Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
Maple Grove Development Corporation · 1 yrs held
Maple Grove Development Corporation
since 2024
Last sale
$1.1M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$34,876
Tax year 2023
Assessed value
$386,740
Assessed 2023
Previous assessed
$356,770
+8.4% YoY
Effective rate
9.02%
On assessed value
Assessed land
$76,290
Assessed improvement
$310,450
Land market value
$228,870
Improvement market value
$931,350
Total market value
$1,160,220
Applied tax rate
4,402.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
APN
442015432018
UPID
US28-0123836
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
Maple Grove Development Corporation
Entity
Mailing address
1715 TIN CUP RD, MAHOMET, IL 61853-9331
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2024
—
Maple Grove Development Corporation
Mcnew Capital 1207 S Mattis LLC
Special Warranty Deed
—
Jan 7, 2020
$990,000
Mcnew Cap 1207 S Mattis LLC
First Mid Wealth Management Co
Grant Deed
$792,000 · First Fsb/champaign-urbana
Oct 26, 2016
—
Restoration Urban Ministries I
Jpbm LLC
Warranty Deed
—
Mar 31, 2005
$1,350,000
First Mid Illinois Bank
1207 S Mattis Partnership
Warranty Deed
$1,670,000 · First Mid Illinois Bank & Trust NA
Sep 7, 2001
$605,000
1207 S Mattis Partnership
Pulmocare Medical Supply INC
Grant Deed
$935,000 · Kankakee Fsb
—
—
Trust 44-0177-00
—
Loan Modification
related
$227,620 · First Mid Il Bk&tr
—
—
1207 S Mattis Partnership
—
Deed Of Trust
related
$300,000 · Kankakee Fsb
—
—
1207 S Mattis Partnership
—
Deed Of Trust
related
$935,000 · Kankakee Fsb
—
—
1207 S Mattis Ptshp
—
Deed Of Trust
related
$935,000 · Edgar County Bank & Trust Co
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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