Multi-Unit Retail Strip
For Sale
$123,000
212 W LAUREL Street, Springfield, IL 62704
COMMERCIAL - Springfield, IL
Lot Size0.27 Acres
Days on Market266
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
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Floors in Building
1
Flooring type
Wood, Tile
Building materials
Brick, Vinyl Siding
Roof type
Flat
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Jerry George · License #475159363
(217) 638-1360
Added: Nov 7, 2025
Changed: Jul 12
Last Checked: Jul 31 at 12:06AM
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 retail strip center features four separate units, each currently fully rented. The building includes a flat rubber roof that has been in place for about six years. Lease expense structure is built into the operating setup: tenants pay all utilities, while the owner is responsible for trash removal and groundskeeping.
Located at 212 W Laurel Street in Springfield, Illinois (62704), the property is under zoning S1. The premises previously had zoning designated as R5B before being changed to S1 to allow small retail business. Broker owned.
Located at 212 W Laurel Street in Springfield, Illinois (62704), the property is under zoning S1. The premises previously had zoning designated as R5B before being changed to S1 to allow small retail business. Broker owned.
Key Highlights
- Four separate units with all units fully rented and generating stable income
- Tenants pay all utilities; owner pays trash removal and groundskeeping
- Utilities include water available and public sewer
Property Analytics
Property Profile
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?
Strip mall - Strip center offers four separate fully rented units with tenants paying their own utilities.
Where is this strip mall 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 units with all units fully rented and generating stable income; Tenants pay all utilities; owner pays trash removal and groundskeeping; Utilities include water available and public sewer
