Twelve-Bay Self-Service Car
For Sale
$825,000
2208 W Springfield Ave, Champaign, IL 61821
Twelve-bay car wash with mechanical room and restroom.
Property Size7 SF
Price / SF$117,857
Days on Market343
Property Features for 2208 W Springfield Ave
General Information
Standard status
Active
Size
7 SF
Property subtype
Retail
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 403-3374
Listed By:
Zach Wetherell, CCIM
(217) 403-3374
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 twelve-bay self-service car wash constructed in 1979. The block building totals 7,680 square feet and includes storage, a mechanical/maintenance room, and one restroom located in the middle of the building. It features 3-Phase, 600 amp service. Six of the twelve bays were not operable in 2023 and part of 2024, but all twelve bays were operable as of August 2024. There may be a need for a cross-access parking agreement with the property located at 2206 W. Springfield Ave next door to the east. The property can also be purchased along with 2206 W. Springfield Ave. The Net Operating Income (NOI) was $184,858 in 2023 and $108,346 in 2024. The projected NOI for 2025 is between $75,000 and $80,000, based on current performance.
Key Highlights
- Twelve‑bay self‑service car wash, all operable as of August 2024.
- High NOI potential, with a projected $75,000-$80,000 for 2025.
- Substantial building size of 7,680 SF with storage, mechanical room, and restroom.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
825
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
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Self service car wash - Twelve-bay car wash with mechanical room and restroom.
Where is this self service car wash located?
The property is located at 2208 W Springfield Ave Champaign, IL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Twelve‑bay self‑service car wash, all operable as of August 2024.; High NOI potential, with a projected $75,000-$80,000 for 2025.; Substantial building size of 7,680 SF with storage, mechanical room, and restroom.
