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Property profile & analytics
OFF-MARKET
Office Spaces
510 Neil St Champaign, IL 61820-5220
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-0499570
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
APN
432013226028
UPID
US28-0499570
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
-
Green Street Realty Real Estate Agency
-
Campustown Rentals with Green Street Realty Apartment Building Apartment Complex
-
Hessel Park Apartments Apartment Building
-
Oakwood Estates Apartment Building
-
Sub 4 Development General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
55 E Green LLC · 5 yrs held
55 E Green LLC
since 2021
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
$21,179
Tax year 2023
Assessed value
$234,850
Assessed 2023
Previous assessed
$234,850
+0.0% YoY
Effective rate
9.02%
On assessed value
Assessed land
$72,890
Assessed improvement
$161,960
Land market value
$218,670
Improvement market value
$485,880
Total market value
$704,550
Applied tax rate
4,302.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
APN
432013226028
UPID
US28-0499570
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
55 E Green LLC
Entity
Mailing address
510 S NEIL ST, CHAMPAIGN, IL 61820-5220
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2021
$835,000
55 E Green LLC
Gam Properties LLC
Warranty Deed
$7,650,000 · Midland States Bank
Nov 1, 2017
—
502 N Neil LLC
One Main Dev LLC
Quitclaim Deed
related
—
Aug 11, 2016
—
Fast Track Realty LLC
—
Deed
related
$566,250 · Busey Bk
Jan 4, 2013
$569,000
Fast Track Realty LLC
United Trust Bk
Warranty Deed
$566,500 · United Trust Bank
Oct 5, 2009
$460,000
United Trust Bk
Sheriff Of Champaign County
Trustees Deed
related
—
Aug 2, 2005
$825,000
Gabriel Rees
Thomas E Harrington JR
Warranty Deed
$325,000 · Us Bank NA
Mar 8, 2004
—
Trust Bct-061
—
Trustees Deed
related
$90,000 · Busey Bank
—
—
Fast Track Realty LLC
—
Deed Of Trust
related
$510,000 · Busey Bk/rantoul
—
—
Fast Track Realty LLC
—
Loan Modification
related
$566,250 · Busey 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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