For Sale
$350,000

2206 Springfield Ave Champaign, IL 61821

Prime Retail/Office, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 3,854 square foot retail building, situated on a 0.55-acre lot in Champaign, Illinois (APN 41-20-10-451-014), presents a compelling investment opportunity. Built in 1973, the property features primarily open retail space, complemented by a couple of back rooms and a single restroom. The building boasts substantial power capacity with 1200 amps, 3-phase power. Located on West Springfield Avenue, a high-traffic arterial road with 16,200 vehicles passing daily, the property benefits from excellent visibility and accessibility. The surrounding area is a vibrant mix of retail, office, and multi-family uses, anchored by national retailers such as Burger King, Taco Bell, Papa Johns, Dunkin' Donuts, and Circle K, as well as regional banks like Busey and Heartland Bank & Trust. A potential cross-access parking agreement may be necessary with the adjacent car wash at 2208 W. Springfield Avenue, depending on the intended use. Note that the adjacent car wash property at 2208 W. Springfield Ave is also available for purchase. The property is zoned CG - Commercial General, offering flexibility for a variety of commercial uses. The asking price is $350,000, translating to $90.81 per square foot. This presents a strong value proposition in a desirable location with high traffic counts and established commercial presence.

Property Details for 2206 Springfield Ave

Property type
Retail properties, Office properties
Square Feet
3,854 SF
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.1133455
Longitude
-88.2846591

FAQs

What type of property is this?
Retail property - Prime Retail/Office, High Traffic Area
Where is the retail property located?
The property is located at 2206 Springfield Ave Champaign, IL.
What is the asking price?
The asking price for this property is $350,000.
How can I contact the broker?
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2206 Springfield Ave
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