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Financial
Distress signals
Property profile

313 N Mattis Ave Champaign, IL 61821

FOR LEASE
Other investment properties
Property ID
US28-2506431
2.5 ac lot
Trust Owned Owner of record is a trust. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a multi-suite office building located within Westgate Mall on a prominent corner at Mattis Avenue and Church Street. It offers elevator service and shared common areas that include restrooms and seating areas, with on-site parking available for occupants and visitors. The building configuration supports leasing of both individual office suites and larger full-office suite spaces, with flexible lease duration options historically offered for month-to-month single suites through…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$68k
Tax billed · 2023
Assessed value$759k
Assessed land$98k
Assessed improvement$661k
Effective rate9.02%

Value estimate

· Oct 2026
$430k
$387k – $473k
AI approach$430k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$7k
Operating expenses−$6k
NOI · 144,200.00% cap applied$17k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$350/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$77 – $1,733

Cap rate analysis

How does the asset earn?
144,200.00%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCHAMPAIGN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.9
Pawn Shop11.7
Pharmacy11.0

Location

313 N Mattis Ave Champaign, IL 61821
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 9 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1720 Anthony, Champaign, IL 61821-1128 $3,400,000 Sep 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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