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Take 5 Champaign Investment Opportunity
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1701 West Springfield Avenue, Champaign, IL 61821

1,372 SF Take 5 property for sale in Champaign, IL.

Property Size1,372 SF
Price / SF$1,479
Days on Market147

Property Features for 1701 West Springfield Avenue

General Information

Standard status Active
Size 1,372 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $131,900

Building Details

Year Built 2024
Tenancy Single
Listing Agency: Sands Investment Group Los Angeles
Listed By: Jonathan Silver · License #02005665
Source: Crexi
Added: Mar 26 Changed: Aug 19 Last Checked: Aug 18 at 8:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group Los Angeles

Investment Insights

Based on property information with market context.

The property available for sale is a 1,372 square foot Take 5 located at 1701 West Springfield Avenue in Champaign, IL. The property is positioned off of West Springfield Avenue and South Mattis Avenue, offering visibility and traffic of over 25,000 vehicles per day. The property is under a long-term triple net (NNN) lease agreement, assigning zero landlord responsibilities.

Key Highlights

  • Long‑Term Triple Net (NNN) Lease: Enjoy passive income with minimal responsibilities.
  • Strategic Location: Situated off West Springfield Avenue and South Mattis Avenue, ensuring high visibility.
  • High Traffic Volume: Benefits from over 25,000 vehicles per day (VPD), maximizing exposure.

Property Analytics

Current Use

Take 5 Oil ... Auto Repair Shop

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Dental Office HVAC Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

848
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61821, IL

29,057
Population
13,751
Households
2.1
Avg Household Size
36
Median Age
50%
College-Educated
95%
High-School Grad
7.7 sq mi
ZIP Area
3,774
Density / Sq Mi
$69,284
Median Household Income
$40,225
Median Earnings
$1,001
Median Rent
$174,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Terry's repair service 2513 maplewood dr, champaign, il 61821
  • Anderson Automotive 608 S Country Fair Dr, Champaign, IL 61821
  • KAAMS Auto Repair 2204 W John St, Champaign, IL 61821
  • Cecil's Auto Repair 609 Kenwood Rd, Champaign, IL 61821
  • Window Tinting Guys of Champaign 2316 W John St, Champaign, IL 61821, United States

Frequently Asked Questions

What type of property is this?
Auto shop - 1,372 SF Take 5 property for sale in Champaign, IL.
Where is this auto shop located?
The property is located at 1701 West Springfield Avenue Champaign, IL.
What is the asking price?
The asking price for this property is $2,029,230.
What are key features of this property?
This property features: Long‑Term Triple Net (NNN) Lease: Enjoy passive income with minimal responsibilities.; Strategic Location: Situated off West Springfield Avenue and South Mattis Avenue, ensuring high visibility.; High Traffic Volume: Benefits from over 25,000 vehicles per day (VPD), maximizing exposure.
More about this property
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