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    Property profile & analytics

    315 University Ave Champaign, IL 61820-4214

    • Retail residential properties
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-0512145
    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

    • Midtown Properties / Furnished Apartment Building / Apartment Building

    Property Details for 315 University Ave

    Property type
    Retail residential properties
    APN
    462107359008
    APU
    462107359008

    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
    -88.2338
    Latitude
    40.1161
    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
    $24,749
    $37,370
    $237,070
    $274,440
    -
    $112,110
    $711,210
    $823,320

    Comparable in this City

    • Value Estimation by Request
      4.31 Acres

      1813 Neil St

      STORES & APARTMENTS • 4.31 Acres
      1813 Neil St, Champaign, IL 61820
      View Details
    • Value Estimation by Request

      101 Clark St

      STORES & APARTMENTS
      101 Clark St, Champaign, IL 61820-4115
      View Details
    • Value Estimation by Request

      604 Grn St

      STORE/OFFICE (MIXED USE)
      604 Grn St, Champaign, IL 61820-5702
      View Details
    • Value Estimation by Request

      516 John St

      STORES & APARTMENTS
      516 John St, Champaign, IL 61820-5704
      View Details
    • Value Estimation
      $10,925,000

      519 Grn St

      STORES & APARTMENTS
      519 Grn St, Champaign, IL 61820-5719
      View Details
    • Value Estimation
      $3,285,000

      509 Grn St

      STORES & APARTMENTS
      509 Grn St, Champaign, IL 61820-5722
      View Details

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      Champaign Retail Space Available

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      Downtown Champaign Commercial Space Available

      Versatile office space in vibrant downtown Champaign, Illinois.
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    Property Visit Statistics

    • Visits by month
      3.4k
    • Visitors by month
      3.2k
    • Avg Time on site
      22 min
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    315 University Ave
    Champaign, IL 61820-4214
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    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
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