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Retail Building on Springfield Avenue
For Sale
$350,000

2206 W Springfield Ave, Champaign, IL 61821

3,854 SF retail building available for purchase.

Property Size3 SF
Price / SF$116,666
Days on Market326

Property Features for 2206 W Springfield Ave

General Information

Standard status Active
Size 3 SF
Property subtype Retail
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Zach Wetherell, CCIM
Source: Cbcworldwide
Added: Sep 10, 2025 Changed: May 21 Last Checked: Apr 9 at 9:00PM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

The subject property is a 3,854 SF building constructed in 1973. The building features primarily open retail space, complemented by a couple of back rooms and a single restroom. It is equipped with 1200 amps of 3-phase power. Depending on the intended use of the property, there may be a need for a cross-access parking agreement between 2206 & 2208 W. Springfield, where a car wash is located. The property is located on West Springfield Avenue.

Key Highlights

  • 3,854 SF building suitable for retail.
  • High power capacity: 1200 amps, 3‑phase.
  • Opportunity to purchase with adjacent car wash property.

Property Analytics

Current Use

UPS Authorized Shipping ... Courier Service CU Pack N ... Postal Service Parcel Plus Business Related

Suggested Use

Top Pick Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage 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.

Location Intelligence

Trade Area within ½ mile

825
Businesses Nearby

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 3,854 SF retail building available for purchase.
Where is this retail space located?
The property is located at 2206 W Springfield Ave Champaign, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,854 SF building suitable for retail.; High power capacity: **1200 amps, 3‑phase.**; Opportunity to purchase with adjacent car wash property.
More about this property
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