Multi-Unit Retail Building with Flat
For Sale
$123,000
212 W Laurel Street, Springfield, IL 62704
Four fully rented retail units in Springfield, with a flat rubber roof reported as six years old.
Property Size3,254 SF
Price / SF$37.80
Days on Market265
Property Features for 212 W Laurel Street
General Information
Standard status
Active
Size
3,254 SF
Property subtype
Commercial
Zoning
S1
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
The Real Estate Group, Inc.
(217) 638-1360
Listed By:
Jerry George · License #475159363
(217) 638-1360
Source:
Shawneehillsrealestate
Added: Nov 7, 2025
Changed: Jul 21
Last Checked: Jul 30 at 12:18PM
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 The Real Estate Group, Inc.
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.
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
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
Explore this area
Business Placement
Demographics for 62704, IL
39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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
