212 W Laurel Street Springfield, IL 62704

Listing agency The Real Estate Group, Inc. j***@thegroup.com Show Phone

Listed by Jerry George · License #475159363 Show Phone

Source Shawneehillsrealestate

Added: Nov 7, 2025 Updated: Jul 21 at 8:40PM Checked: Jul 21 at 8:40PM

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Investment Insights

Based on property information with market context.

This retail building offers four separate units, each fully rented and providing steady income. The property includes a flat rubber roof that has been reported as six years old. Operating expenses are partially tenant-paid, with tenants responsible for utilities, while the owner pays trash removal and groundskeeping.

The property is located at 212 W Laurel Street in Springfield, Illinois. According to the seller’s remarks, zoning was changed from R5B to S1 to allow small retail business use.

Broker Owned and offered for sale, the building is structured as a four-unit retail asset with tenant-paid utilities and owner-managed trash removal and groundskeeping.

Key Highlights

• Four separate retail units, all fully rented
• Flat rubber roof reported as 6 years old
• Tenants pay all utilities

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FAQs

What type of property is this?

Retail space - Four fully rented retail units in Springfield, with a flat rubber roof reported as six years old.

Where is this retail space located?

The property is located at 212 W Laurel Street Springfield, IL.

What is the asking price?

The asking price for this property is $123,000.

What are key features of this property?

This property features: Four separate retail units, all fully rented; Flat rubber roof reported as 6 years old; Tenants pay all utilities