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Renovated Restaurant Space
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811 W Springfield Avenue, Champaign, IL 61820

Commercial Lease, Champaign, IL

Space Size3,365 SF
Lot Size0.42 Acres
Days on Market4

Property Features for 811 W Springfield Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions SW corner of Springfield & Prospect
Subdivision Champaign, Savoy
Standard status Active
APN 432013101001
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 6 Block 3 Clark's, J.G., Sub
Tax Annual Amount 32500
Legal Description Lot 6 Block 3 Clark's, J.G., Sub

Utilities

Cooling system Central Air

Building Details

Year built 1951
Floors in Building 2
Number of units 1
Listing Agency: Green Street Realty
Listed By: Shannon Collins · License #475178418
Added: Aug 27 Changed: Aug 28 Last Checked: Aug 30 at 3:06PM
MLS# 12744817

Copyright © 2026 Midwest Real Estate Data, LLC. 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 restaurant property provides approximately 3,365 SF on the main level plus a 3,343 SF basement. The 2018 renovation and buildout include a functional kitchen with hood, walk-in cooler, and walk-in freezer, along with a naturally lit dining area, private kitchen-adjacent office, and two ADA-compliant restrooms. Central air serves the building, which has an occupancy of 99.

The property occupies the corner of W Springfield Avenue and Prospect Avenue in Champaign, offering direct access at a prominent intersection. Basement space supports storage and office functions, while an unfinished office area remains available for future completion subject to additional improvements. The restaurant configuration may also accommodate cafe, bakery, small grocery, or convenience-store operations with bakery or deli service, as described in the property information.

Key Highlights

  • Approximately 3,365 SF main level plus 3,343 SF basement
  • Renovated and built out around 2018
  • Kitchen includes hood, walk‑in cooler, and walk‑in freezer

Property Analytics

Current Use

Pekara Bakery And Bistro Restaurant Castello Jr Robert ... Insurance Agency

Suggested Use

Top Pick Auto Parts Store HVAC Service Electrical Service Storage Facility Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61820, IL

40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant premises with commercial kitchen infrastructure, dining space, basement storage, and office areas at a signalized Champaign intersection.
Where is this conventional restaurant located?
The property is located at 811 W Springfield Avenue Champaign, IL.
What are key features of this property?
This property features: Approximately 3,365 SF main level plus 3,343 SF basement; Renovated and built out around 2018; Kitchen includes hood, walk‑in cooler, and walk‑in freezer
More about this property
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