Open Retail Building with
For Lease
Contact for pricing
2206 W Springfield Ave, Champaign, IL 61821
A 1973-built retail building offering primarily open space, two back rooms, and one restroom.
Space Size3,854 SF
Days on Market705
Property Features for 2206 W Springfield Ave
General Information
Standard status
Active
Size
3,854 SF
Property subtype
RETAIL
Lease Type
NNN
Additional Details
Heavy Power
Yes
Building Details
Year Built
1973
Spaces For Lease
at 2206 W Springfield Ave
2206 W Springfield Ave
$10/SF/Yr
Floor
Bldg
Size
3,854 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The subject property is a 3,854 SF building constructed in 1973. The building is primarily open retail space with a couple back rooms and one restroom. The building has 1200 amps, 3-phase power. There may be a need for a cross-access parking agreement between 2206 & 2208 W. Springfield (car wash location) depending on the intended use of the property.
- This property can also be purchase with car wash next door at 2208 W. Springfield.
Contact us
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 352-7712
Listed By:
Zach Wetherell
(217) 821-8553
Source:
Moodyscre
Added: Dec 2, 2024
Changed: Nov 5
Last Checked: Nov 4 at 3:36PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The subject property is a 3,854 SF retail building constructed in 1973. The interior is primarily open retail space with a couple back rooms and one restroom, supporting straightforward customer-facing use with limited secondary areas.
The building is served by 1,200 amps of 3-phase power. Depending on the intended use, there may be a need for a cross-access parking agreement between 2206 and 2208 W. Springfield. The property is also described as being available for purchase together with the car wash next door at 2208 W. Springfield.
The building is served by 1,200 amps of 3-phase power. Depending on the intended use, there may be a need for a cross-access parking agreement between 2206 and 2208 W. Springfield. The property is also described as being available for purchase together with the car wash next door at 2208 W. Springfield.
Key Highlights
- 3,854 SF retail building constructed in 1973
- Primarily open retail space with two back rooms and one restroom
- 1200 amps, 3‑phase power
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Heavy power
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Champaign, IL
$18.8 /SF/Yr
Avg Asking Price
$17–$23 /SF/Yr
Price Range
9,613 SF
Avg Space Size
This space is priced 47% below the average of $18.8 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A 1973-built retail building offering primarily open space, two back rooms, and one restroom.
Where is this retail space located?
The property is located at 2206 W Springfield Ave Champaign, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 3,854 SF retail building constructed in 1973; Primarily open retail space with two back rooms and one restroom; 1200 amps, 3‑phase power
