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Four-Unit Retail Storefront Property
For Sale
$119,000

212 W LAUREL Street, Springfield, IL 62704

Commercial Sale, Springfield, IL

Property SizeContact for details
Lot Size0.27 Acres
Days on Market329

Property Features for 212 W LAUREL Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning S1
Directions S MACARTHUR BLVD TURN RIGHT ONTO W LAUREL ST
Standard status Active
APN 22-04.0-253-033
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description L 1 Frederick Saxers Addn
Tax Annual Amount 2474
Legal Description L 1 Frederick Saxers Addn

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Floors in Building 1
Flooring type Tile, Wood
Building materials Brick, Vinyl Siding
Roof type Flat
Listing Agency: The Real Estate Group, Inc.
Listed By: Jerry George · License #475159363
Added: Nov 7, 2025 Changed: Sep 24 Last Checked: Oct 2 at 6:06AM
MLS# CA1040418

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront property contains four separate units, each currently occupied. The building combines brick and vinyl siding with wood and tile flooring, forced-air natural gas heat, and central air conditioning. A flat rubber roof is approximately six years old. The property encompasses 0.2674 acres and is served by public sewer, with water available.

S1 zoning supports small retail business use. Tenants pay their own utilities, while ownership handles trash removal and groundskeeping. The existing configuration provides four independently occupied storefront units within one commercial property.

Key Highlights

  • Four separate units, all currently rented
  • S1 zoning permits small retail business use
  • 0.2674‑acre property

Property Analytics

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Current Use

Hair Force Two ... Barber Shop Art Concepts Gallery ... Art Gallery Elegance Natural Hair ... Hair Salon

Suggested Use

Top Pick Locksmith Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Catering Service

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

  • Flowers By Mary Lou — 105 S Grand Ave W, Springfield, IL 62704

Frequently Asked Questions

What type of property is this?
Storefront property - Fully occupied storefront property with S1 zoning and separate utility responsibility for each tenant.
Where is this storefront property located?
The property is located at 212 W LAUREL Street Springfield, IL.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: Four separate units, all currently rented; S1 zoning permits small retail business use; 0.2674‑acre property
More about this property
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