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Retail Building on Springfield Avenue
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2206 W Springfield Ave, Champaign, IL 61821

3,854 SF retail building on Springfield Avenue for sale.

Property Size3,854 SF
Price / SF$90.81
Days on Market800

Property Features for 2206 W Springfield Ave

General Information

Standard status Active
Size 3,854 SF
Property subtype Retail
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Zach Wetherell · License #IL
Source: Crexi
Added: May 24, 2024 Changed: Jul 6 Last Checked: Jul 29 at 8:42AM

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 property features a 3,854 square foot building constructed in 1973. The building offers a primarily open retail space, complemented by a couple of back rooms and a single 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 presents a mix of retail, office spaces, and multi-family residences. National retailers such as Burger King, Taco Bell, Papa Johns, Dunkin Donuts, and Circle K, along with regional banks like Busey and Heartland Bank & Trust, are located nearby. Depending on the intended use of the property, there may be a need for a cross-access parking agreement between 2206 & 2208 W. Springfield, which is a car wash location. The property can also be purchased with the car wash next door at 2208 W. Springfield.

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

Current Use

UPS Authorized Shipping ... Courier Service CU Pack N ... Postal Service Parcel Plus Business Related

Suggested Use

Top Pick Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage Catering Service

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

Location Intelligence

Trade Area within ½ mile

825
Businesses Nearby

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

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?
Retail space - 3,854 SF retail building on Springfield Avenue for sale.
Where is this retail space located?
The property is located at 2206 W Springfield Ave Champaign, IL.
What is the asking price?
The asking price for this property is $350,000.
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.
(217) 352-7712 Call to check price and availability
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