1910 Moreland Blvd Champaign, IL 61822
For Sale
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This exceptional commercial property at 1910 Moreland Boulevard in Champaign, IL, presents a unique investment opportunity. Spanning over four acres of prime commercial land, this complex boasts two free-standing buildings totaling 15,200 square feet. The main building, a former highly successful auto dealership, features a 6,200 square foot showroom with an open reception area, private offices, staff cubicles, a lunch/break room, a customer refreshment center, and separate restrooms. High ceilings, abundant natural light, and open windows create a welcoming atmosphere. The second building, a 9,000 square foot auto repair facility, is currently leased for the next five years, generating a stable monthly net income of $10,000. This building includes nine repair bays, an office area, and an auto parts retail space. The property also includes an expansive asphalt-paved parking lot with capacity for over 400 vehicles and a 300-foot frontage. A private lake adds to the property's aesthetic appeal. The property's strategic location within Champaign's business district, near major car dealerships, Market Place Mall, and other retailers, ensures high visibility and accessibility. All existing office furniture and repair shop equipment are included in the sale. The property is available for sale or lease
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.