Retail Building on Springfield
For Lease
Contact for pricing
2206 W Springfield Ave, Champaign, IL 61821
3,854 SF retail building in high-traffic area.
Space Size3,854 SF
Days on Market662
Property Features for 2206 W Springfield Ave
General Information
Standard status
Active
Size
3,854 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
3,854 SF
Year Built
1973
Tenancy
Single
Spaces For Lease
at 2206 W Springfield Ave Contact us- Size
- 3,854 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
2206 W. Springfield Ave.
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 352-7712
Listed By:
Zach Wetherell · License #IL
Source:
Crexi
Added: Nov 8, 2024
Changed: Aug 27
Last Checked: Aug 31 at 1:07PM
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.
This 3,854 square foot building, constructed in 1973, features a primarily open retail space with a couple of back rooms and one restroom. It is equipped with 1200 amps of 3-phase power. Located on West Springfield Avenue, just west of Country Fair Drive, the property benefits from a traffic count of 16,200 vehicles per day. The surrounding area is a mix of retail, office, and multi-family properties. National retailers in the vicinity include Burger King, Taco Bell, Papa Johns, Dunkin Donuts, and Circle K, along with regional banks such as Busey and Heartland Bank & Trust. Depending on the intended use of the property, there may be a need for a cross-access parking agreement between this location and the adjacent car wash at 2208 W. Springfield. The property can also be purchased together with the car wash next door.
Key Highlights
- High‑traffic location on Springfield Avenue with 16,200 vehicles per day.
- Large 3,854 SF building suitable for retail.
- 1200 amps, 3‑phase power, ideal for various business operations.
Property Analytics
Property Profile
Current Use
Lease Details
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
Market
Lease Benchmarks for Champaign, IL
$18.13 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
10,927 SF
Avg Space Size
This space is priced 45% below the average of $18.13 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 3,854 SF retail building in high-traffic area.
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: High‑traffic location on Springfield Avenue with 16,200 vehicles per day.; Large 3,854 SF building suitable for retail.; 1200 amps, 3‑phase power, ideal for various business operations.
