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Property profile & analytics
FOR SALE
Retail space

6 Convenience Center Rd Champaign, IL 61820

Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US28-0030266
Property summary
AI-generated overview

This exceptional 5,500 square foot storefront, located at 6 Convenience Center Rd, Champaign, IL 61820, presents a unique owner/user investment opportunity. Priced at $1,250,000 ($227.27/sq ft), this single-story, beam/masonry building boasts a fully usable main floor, strategically designed for optimal retail space. Renovated in 2006, the property includes a partially finished 3,500 square foot basement with 12-foot ceilings, ideal for storage and back-of-house operations. The property sits on a half-acre lot in a high-traffic retail hub, benefiting from its proximity to Market Place Shopping Center (attracting 492,000 monthly visitors), Market Place Plaza (anchored by Kohl's), and the newly revitalized Dick's House of Sport (nearly 50,000 monthly visitors). Its location on Convenience Center Road provides easy access from Neil Street (almost 12,000 vehicles daily) and is a short distance from the I-74 interchange (approximately 49,000 vehicles daily). The property is zoned CG - Commercial General and features a single building with one story. The APN is 41-20-01-226-002. This is a Net Lease property. This prime location and versatile space offer significant potential for a variety of retail businesses. The property's high visibility and convenient access make it an attractive investment for both owner-operators and investors seeking a strong return.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
APN 412001226002
UPID US28-0030266
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
  • Mosser's Shoes Clothing & Fashion Store (Bike/Boat/Book/etc) Store
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
Hallmark Real Estate LLC · 19 yrs held
Hallmark Real Estate LLC
since 2006
7 recorded transactions
2017
Price N/A
2017
Price N/A
2017
Price N/A
2006
Price N/A
2005
Price N/A
2005
$285,000
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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