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Property profile & analytics
FOR LEASE
Retail space
301 W Marketview Dr Champaign, IL 61822
Entity Owned
1-yr Hold
Free & Clear
Property ID
US28-5865874
For Lease
1 / 3
Contact for pricing
301 W Marketview Dr, Champaign, IL 61822
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
APN
412001200039
UPID
US28-5865874
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
-
LL Flooring Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
1812 Federal LLC · 1 yrs held
1812 Federal LLC
since 2025
Last sale
$929,500
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
$26,875
Tax year 2023
Assessed value
$298,020
Assessed 2023
Previous assessed
$274,920
+8.4% YoY
Effective rate
9.02%
On assessed value
Assessed land
$123,320
Assessed improvement
$174,700
Land market value
$369,960
Improvement market value
$524,100
Total market value
$894,060
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Heating
NONE
APN
412001200039
UPID
US28-5865874
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
1812 Federal LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1622 COBBLEFIELD RD, CHAMPAIGN, IL 61822-9228
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2025
$929,500
1812 Federal LLC
Jed Rentals LLC
Special Warranty Deed
—
Nov 16, 2015
—
Jed Renals LLC
Dye,r Edward & Dale
Quit Claim Deed
related
—
Nov 3, 2014
$1,000,000
R Edward Dye
R Rentals Series LLC
Grant Deed
—
Nov 13, 2012
—
R-rentals
Adams Outdoor Advertising
Grant Deed
related
—
Apr 30, 2007
—
R-rentals Ptshp
Trust 4873
Grant Deed
—
Feb 7, 2003
$600,000
First Byset Trust & Investment
Rialto Holding Ltd
Grant Deed
related
$350,000 · Busey Bank
—
—
R Rentals Series LLC
—
Deed Of Trust
related
$553,000 · Cibm Bank
—
—
R Rentals Series LLC
—
Loan Modification
related
$507,884 · Cibm Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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