Technical
Financial
Distress signals
Property profile

313 N Mattis Ave Champaign, IL 61821

FOR LEASE
Investment properties
Property ID
US28-2506431
2.5 ac lot
Trust Owned ~ Est. High Equity
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Property summary

AI-generated overview

Westgate Mall offers multiple executive office suites for lease, ranging from 145 to 6,000 square feet. This Class B building, totaling 475,891 square feet, is situated on a high-visibility corner at the intersection of Mattis Avenue and Church Street, benefiting from significant daily traffic volume. Mattis Avenue sees an average daily traffic count of 19,800 vehicles, while Church Street boasts 4,250 vehicles per day. The two-story building features an elevator for convenient access and ample parking for tenants and visitors. The property includes well-maintained common areas with restrooms and comfortable seating. Five individual suites are currently available. Lease terms are flexible and adaptable to various needs, accommodating both short-term single-office leases and longer-term commitments for larger spaces. The building is zoned CG. This location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in a high-traffic area. The minimum leasable space is 145 square feet, while the maximum contiguous space available is 6,000 square feet.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 2.5 ac (108,900 SF)
APN 412010427004
UPID US28-2506431

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
  • Dental Office
  • Construction Company General Contractor
  • Accounting Firm Tax Preparation
  • Engineering Consultant
  • Shopping Center & Mall

Location

313 N Mattis Ave Champaign, IL 61821
Champaign metro Census 1000 CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2025
Price N/A
2019
Price N/A
2019
Price N/A
2018
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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