To keep things simple, let us assume we work over a perfect field. The easiest part of motivic cohomology which we can get is the Picard group (i.e. the Chow group in degree 2). This works essentially like in topology: in the (model) category of simplicial Nisnevich sheaves (over smooth k-schemes), the classifying space of the multiplicative group G_m=A^1-{0} has the A^1-homotopy type of the infinite dimensionnal projective space. Moreover, as the picard group is homotopy invariant for regular schemes (semi-normal is even enough), the fact that H^1(X,G_m)=Pic(X) reads as [X,BG_m]=Pic(X)=CH^2(X), where [?,?] stands for the Hom in the A^1-homotopy category of k-schemes, denoted by H(k). In general, we denote by K(Z(n),2n) the nth motivic Eilenberg-MacLane space, i.e. the object of H(k) which represents the nth Chow group in H(k): for any smooth k-scheme X, one has [s^i(X),K(Z(n),2n)]=H^2n-i(X,Z(n)) (where s^i stands for the ith suspension (in the usual sense)). Then, there are several models for K(Z(n),2n), one of the smallest being constructed as follows. What I explained above is that K(Z(1),2) is the infinite projective space. K(Z(0),0) is simply the constant sheaf Z. For higher n, here is a construction (this is Voevodsky's). Given a k-scheme X, denote by L(X) the presheaf with transfers associated to X, that is the presheaf of abellian groups whose sections over a smooth k-scheme V are the finite correspondances from V to X (i.e. the finite linear combinations of cycles Σᵢ nᵢ Zᵢ in V x X such that Zᵢ is finite and surjective over V). This is a presheaf, where the pullbacks are defined using the pullbacks of cycles (the condition that the Zᵢ are finite and surjective over a smooth (hence normal) scheme V makes that this is well defined without working up to rational equivalences, and as we consider only pullbacks along maps U -> V with U and V smooth (hence regular) ensures that the multiplicities which will appear from these pullbacks will always be integers). The presheaf L(X) is a sheaf for the Nisnevich topology. This construction is functorial in X (I will need this functoriality only for closed immersions). Let X (resp. Y) be the cartesian product of n (resp. n-1) copies of the projective line. The point at infinity gives a family of n maps uᵢ : Y -> X. Then a model of K(Z(n),2n) in H(k) is the sheaf of sets obtained as the quotient (in the category of Nisnech sheaves of abelian groups) of L(X) by the subsheaf generated by the images of the maps L(uᵢ):L(Y)->L(X). If you want a more conceptual definition, there is also the direction of algebraic cobordism (but for this, you need to understand the stable homotopy of P^1-spectra, but maybe it is enough at first to think of P^1-spectra simply as the cohomology theories allowed in homotopy theory of schemes): the idea is that there is an algebraic cobordism, which is represented by a P^1-spectrum MGL (the analog of of the spectrum MU which represents complex cobordism in algebraic topology). The idea is that MGL is the universal oriented cohomology theory (for short, this means that, if a cohomology theory E satisfies the projective bundle formula, then the choice of an orientation, i.e. of a generating class in the second cohomology group of P^1 with coefficients in E(1), is the same as a map of ring spectra MGL->E. The idea is that, as in algebraic topology, formal groups laws classify oriented cohomology theories (MGL corresponding to the initial formal group law). The cohomology theory which corresponds to the multiplicative formal group law is KGL, the P^1-spectrum which represents algebraic K-theory, while the cohomology theory corresponding to the additive formal group law is motivic cohomology (this latter characterization has been announced by F. Morel and M. Hopkins if k is of characteristic zero, but is not published yet, and it is known for any field k if we work with rational coefficients (this is a result of Spitzweck, Nauman, Ostvaer)).