Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    208 Chestnut St Champaign, IL 61820-4902

    • Flex space
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Last Sale
    Nov 27, 2024
    $5,000
    Location Intelligence
    Property ID
    US28-2221652
    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

    • Flex space

    Property Details for 208 Chestnut St

    Lot size
    0.13 lot acres
    Property type
    Flex space
    APN
    422012486010
    APU
    422012486010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2414
    Latitude
    40.1147
    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
    $1,694
    $3,280
    $15,500
    $18,780
    -
    $9,840
    $46,500
    $56,340

    Comparable in this City

    • Value Estimation by Request

      604 Elm St

      LIGHT INDUSTRIAL
      604 Elm St, Champaign, IL 61820-3406
      View Details
    • Value Estimation by Request

      1212 Hagan St

      LIGHT INDUSTRIAL
      1212 Hagan St, Champaign, IL 61820-2509
      View Details
    • Value Estimation by Request
      2.51 Acres

      401 Kenyon Rd

      LIGHT INDUSTRIAL • 2.51 Acres
      401 Kenyon Rd, Champaign, IL 61820-2116
      View Details
    • Value Estimation by Request

      1705 Prospect Ave

      LIGHT INDUSTRIAL
      1705 Prospect Ave, Champaign, IL 61820-7005
      View Details
    • Value Estimation by Request
      14,500 SF

      822 Pioneer St

      Distribution properties • 14,500 SF
      822 Pioneer St, Champaign, IL 61820
      View Details
    • Value Estimation by Request
      0.37 Acres

      612 Neil St

      LIGHT INDUSTRIAL • 0.37 Acres
      612 Neil St, Champaign, IL 61820-5263
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.70 Acres

      Prime Champaign Industrial Corner Lot

      ±0.7-acre flex space, redevelopment ready.
      101-107 Clark St, Champaign, IL 61820
      View Details
    • $2,212,848
      3.80 Acres

      Champaign Commercial Land - 18.8 Acres

      Prime Champaign development land, mixed zoning, I-57/74 access
      0 Wood Duck Ln, Champaign, IL 61820
      View Details
    • $949,000

      Downtown Champaign Corner Lot

      High-traffic commercial/residential land
      502 Neil St, Champaign, IL 61820
      View Details
    • $3,000,000
      13,050 SF

      Versatile Multi-Tenant Building in Champaign

      3,600 SF multi-tenant building with diverse tenant mix.
      505 E University Ave, Champaign, IL 61820
      View Details
    • $6,400,000
      28,960 SF

      Multifamily Investment Near Campus

      Value-add multifamily property with 29 units and 85 beds.
      1007 S Locust St, Champaign, IL 61820
      View Details
    • Contact for pricing

      Land Near University of Illinois

      Commercial land on the edge of the University of Illinois campus.
      101 E University Ave, Champaign, IL 61820
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      3,600 SF

      Versatile Flex Space For Lease

      3,600 SF flex space with showroom and warehouse.
      307 S Locust St, Champaign, IL 61820
      View Details
    • $12 SF/Yr
      2,597 SF

      Industrial Building Near I-74

      2,597 SF industrial building with great visibility and accessibility.
      47 E Kenyon Rd, Champaign, IL 61820
      View Details
    • $14,400 /Mo
      309 SF

      Champaign Executive Office Suites

      Downtown Champaign Office Space, 309 sq ft
      301 Neil St, Champaign, IL 61820
      View Details
    • $15 SF/Yr
      10,075 SF

      Champaign Office Suites: Downtown Charm

      Historic building, flexible spaces, prime location.
      44 Main St, Champaign, IL 61820
      View Details
    • $18 SF/Yr
      32,000 SF

      Midtown Plaza

      Lifestyle centers • 32,000 SF
      310 1St St, Champaign, IL 61820
      View Details
    • $17 SF/Yr
      52,724 SF

      Champaign Research Park Office Space

      Class A Office Suites Available Now
      2021 1St St, Champaign, IL 61820
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    208 Chestnut St
    Champaign, IL 61820-4902
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.