Technical
Financial
Distress signals
Property profile

219 Locust St Champaign, IL 61820

OFF-MARKET
Other investment properties
Property ID
US28-1478569
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A storefront retail suite configured for salon use, featuring a large front customer area and three separate back rooms for additional treatment or workspace. The suite includes a large utility room equipped with a washer/dryer and a utility sink. The arrangement historically treated the occupancy costs as a gross lease structure, with the tenant responsible for gas, electric, water, and trash utilities, while sewer service was billed as a separate charge; yard and snow care were included, and some tenant repainting or redecorating customization was permitted under the lease terms.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
APN 422012492004
UPID US28-1478569

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon

Location

219 Locust St Champaign, IL 61820-4125
Champaign metro Census 302 CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2022
Last sale
$412,500
5 recorded transactions
2022
$412,500
2001
$52,500
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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