Retail Center at Lighted
For Sale
Contact for pricing
2401 W Springfield Ave, Champaign, IL 61821
Newer retail center with a remaining 1,027 SF suite available as a vanilla box delivery.
Property Size3,905 SF
Days on Market124
Property Features for 2401 W Springfield Ave
General Information
Standard status
Active
Size
3,905 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Year Built
2019
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 352-7712
Listed By:
Zach Wetherell · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 2:40AM
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.
Located at the southwest corner of West Springfield Avenue and Kenwood Drive, this retail center sits at a lighted intersection with access to the surrounding mix of residential and retail uses. The property was constructed in 2019 and totals 3,905 SF.
One 1,027 SF suite remains available for lease. Suite C will be delivered as a vanilla box, and the lessor will work with a tenant on build-to-suit options.
For sale, the center is currently occupied by two tenants: Blackhawk Liquor (2,021 SF) and Chelsea’s (857 SF). The property is offered with two tenants in place, with a projected cap rate of about 8% once the remaining space is leased at $19/SF/NNN.
One 1,027 SF suite remains available for lease. Suite C will be delivered as a vanilla box, and the lessor will work with a tenant on build-to-suit options.
For sale, the center is currently occupied by two tenants: Blackhawk Liquor (2,021 SF) and Chelsea’s (857 SF). The property is offered with two tenants in place, with a projected cap rate of about 8% once the remaining space is leased at $19/SF/NNN.
Key Highlights
- Retail center constructed in 2019 with total building size of 3,905 SF
- For lease: one remaining 1,027 SF suite available as a vanilla box, with Build‑To‑Suit options available
- Two tenants in place: Blackhawk Liquor (2,021 SF) and Chelsea’s (857 SF)
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
848
Businesses Nearby
Balanced
Demand for This Use
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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Similar Off Market Nearby
- Westgate Mall — 313 N Mattis Ave, Champaign, IL 61821
- Country Fair Shopping Center — 229 S Mattis Ave, Champaign, IL 61821
- Union Square — 1712 W Springfield Ave, Champaign, IL 61821
- Coinstar Kiosk | Bitcoin ATM — Kroger - Jay C Food Store, 2002 W Springfield Ave, Champaign, IL 61821
- Coin Cloud Bitcoin ATM — 101 S Mattis Ave, Champaign, IL 61821
Frequently Asked Questions
What type of property is this?
Shopping center - Newer retail center with a remaining 1,027 SF suite available as a vanilla box delivery.
Where is this shopping center located?
The property is located at 2401 W Springfield Ave Champaign, IL.
What are key features of this property?
This property features: Retail center constructed in 2019 with total building size of 3,905 SF; For lease: one remaining 1,027 SF suite available as a vanilla box, with Build‑To‑Suit options available; Two tenants in place: Blackhawk Liquor (2,021 SF) and Chelsea’s (857 SF)
