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Property profile & analytics
OFF-MARKET
Estimated value
$1,910,000
Motels
202 Marketview Dr, Champaign, IL 61820-7834
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-5719628
Property profile
Verified
Property type
Motels
Use group
MOTEL
APN
412001203001
UPID
US28-5719628
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
-
Super 8 by Wyndham Champaign Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.91M
Owner & transaction history
Sai Purna LLC · 2 yrs held
Sai Purna LLC
since 2024
Last sale
$1.9M
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
$1,910,000
ML approach
$1,910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.91M
Range $1.72M – $2.10M · ±10% · vs last sale $1.91M (Jun 10 2024)
Last sale anchor
$1.91M
Jun 10 2024
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
$64,315
Tax year 2023
Assessed value
$713,190
Assessed 2023
Previous assessed
$713,190
+0.0% YoY
Effective rate
9.02%
On assessed value
Assessed land
$158,430
Assessed improvement
$554,760
Land market value
$475,290
Improvement market value
$1,664,280
Total market value
$2,139,570
Applied tax rate
4,102.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Heating
NONE
APN
412001203001
UPID
US28-5719628
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
Sai Purna LLC
Entity
Mailing address
3231 W CHAIN OF ROCKS RD, GRANITE CITY, IL 62040-7064
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2024
$1,911,000
Sai Purna LLC
Champaign Motel INC
Special Warranty Deed
$1,770,000 · United Midwest Savings Bank NA
Jan 11, 2018
—
Champaign Motel INC
—
Deed
related
$500,000 · County Of Champaign Illinois
Sep 19, 2017
$2,000,000
Champaign Motel INC
Hjp Corporation
Warranty Deed
$1,800,000 · Hjp Corporation
Mar 24, 2017
—
Hjp Corp
—
Deed
related
—
Dec 9, 2005
$1,425,000
Hjp Corp
Super Rupal INC
Warranty Deed
$1,359,501 · Illini Bank
May 24, 2002
$1,300,000
Super Rupal INC
Motels Of America LLC
Grant Deed
$1,136,000 · Illini Bank
—
—
Hjp Corp
—
Loan Modification
related
$699,395 · Illini Bk
—
—
Hjp Corp
—
Loan Modification
related
—
—
—
Champaign Motel INC
—
Deed Of Trust
related
$500,000 · County Of Champaign Illinois
—
—
Hjp Corp
—
Deed Of Trust
related
$36,000 · Illini Bank
—
—
Harish Patel
—
Deed Of Trust
related
$36,000 · Illini 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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