Champaign, IL Retail Properties & Spaces for Sale

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Updated: May 24, 2024

Twelve-Bay Self-Service Car Wash

2208 W Springfield Ave, Champaign, IL 61821

$825,000

7,680 sqft

High‑traffic location on Springfield Avenue with 16,200 vehicles per day.
Substantial 7,680 SF building suitable for car wash operation.
Strong NOI: $184,858 in 2023.
All twelve car wash bays are currently operable (as of August 2024).
Features 3‑Phase, 600 amp electrical service.

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This listing looks promising.

Here's a quick look at some key insights for

2208 W Springfield Ave, Champaign, IL 61821

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Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$65K
Annual
Mortgage

$573K
Feb 2024
Last Sold

Feb 2024
$597K

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Updated: Mar 25

Commercial Building with Established Tenants

1205 S Mattis Avenue, Champaign, IL 61821

$850,000

6,200 sqft 0.55 AC lot

Immediate income from three established tenants.
New roof installed in 2025 ($130,000 value) reduces maintenance concerns.
High‑visibility location in a high‑traffic corridor.
Approximately 6,200 square foot commercial building.
Front and rear parking for tenants and visitors.

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Downtown Champaign Mixed-Use Building

320 N Neil Street, Champaign, IL 61820

$1,250,000

5,865 sqft 0.08 AC lot

Prime mixed-use property in downtown Champaign with rental income.

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Bi-Level Standalone Retail Facility

6 Convenience Center Road, Champaign, IL 61820

Contact for pricing

5,500 sqft 0.48 AC lot

Standalone bi-level retail building with dedicated basement space for storage or back-of-house operations.

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Freestanding Retail/Office Building for Lease

2103 N Dunlap Ave, Champaign, IL

$650,000

3,160 sqft 0.41 AC lot

Freestanding retail/office building in Champaign, subject to Savoy Zoning.

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Retail Service and Office Building

1207 N Mattis Avenue, Champaign, IL 61821

$299,000

1.15 AC lot

Flexible retail, service, and office layout set on a large parcel with ample parking at a high-traffic intersection.

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Retail Storefront with Split Access

816 N Country Fair Drive, Champaign, IL 61821

Contact for pricing

0.92 AC lot

Retail unit features a front entry that opens into two interior doors and offers ample parking.

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Champaign Retail Opportunity

606 S 6th Street, Champaign, IL 61820

$1,700,000

0.09 AC lot

Retail space for sale in Champaign, Illinois.

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Transmission Repair Business and Property

1519 N Willis Ave, Champaign, IL 61821

$575,000

4,510 sqft

Well-equipped auto shop with established business for sale.

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1913 Historic Mixed-Use Building

41 E. University Avenue, Champaign, IL 61820

$3,850,000

0.29 AC lot

Built in 1913 with large windows and includes off-street parking plus ground-floor retail alongside office and residential space.

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Twelve-Bay Self-Service Car Wash

2208 W Springfield Ave, Champaign, IL 61821

$825,000

7 sqft

Twelve-bay car wash with mechanical room and restroom.

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Champaign Freestanding Building with Drive-Thru

1905 N Neil St, Champaign, IL

$1,125,000

5,200 sqft 1.51 AC lot

5,200 SF building with drive-thru on 1.52 acres.

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Retail Building on Springfield Avenue

2206 W Springfield Ave, Champaign, IL 61821

$350,000

3 sqft

3,854 SF retail building available for purchase.

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Retail Strip Mall Investment Opportunity

1001-1015 W Bloomington Rd, Champaign, IL

$1,290,000

4,350 sqft 0.44 AC lot

Fully occupied retail strip mall for sale in Champaign, IL.

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Former Auto Sales Facility

915 W Bloomington Rd, Champaign, IL 61821

$475,000

3 sqft

3,168 SF building with office and garage space for sale.

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Retail Investment Opportunity in Champaign

1807 W Bradley Avenue, Champaign, IL 61821

Contact for pricing

4,605 sqft

Retail property with high visibility and flexible floor plans.

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Take 5 Champaign Investment Opportunity

1701 West Springfield Avenue, Champaign, IL 61821

$2,029,230

1,372 sqft

1,372 SF Take 5 property for sale in Champaign, IL.

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Prime Commercial Land with Dealership

1910 Moreland Blvd, Champaign, IL 61822

$5,000,000

15,400 sqft 4.00 AC lot

Modern auto dealership and repair facility in Champaign business district.

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Retail Investment Opportunity For Sale

1005 W Bloomington Rd, Champaign, IL 61821

Contact for pricing

1 sqft

Fully occupied retail strip center with high traffic visibility.

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Downtown Champaign Commercial Space

114 & 120 S Neil St, Champaign, IL 61820

$1,500,000

Prominent commercial space in Downtown Champaign near popular venues.

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Retail Building on Springfield Avenue

2206 W Springfield Ave, Champaign, IL 61821

$350,000

3,854 sqft

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

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Retail Space with Drive-Thru

1807-1901 W Bradley Ave, Champaign, IL

Contact for pricing

2,200 sqft 1.04 AC lot

Endcap retail unit with drive-thru and on-site parking.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Champaign, IL, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Champaign, IL

Consider similar Off-Market properties in Champaign, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

2005 Springfield Ave, Champaign, IL 61821-3005

$775,000

Estimated value

1.15 AC lot

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AUTO REPAIR, GARAGE

421 Neil St, Champaign, IL 61820-3617

Value Estimation by Request

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Champaign, IL Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Champaign, IL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 57,604 square feet of properties for sale, with an estimated market value of $15,594,230.

Sale prices for stores in Champaign, IL start at $350,000, averaging $1,199,556, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 96K

Population Growth (5Y) +1.5%

Median Household Income $62,086

College Educated 42.5%

High-Yield Neighborhoods for Investment

Identify Champaign submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
61821	$693.2K
61820	$2.3M
61822	$3.3M

Taxes & Financing

Tax Rate (average for all types) 8.86%

Property Tax per SF $37.00 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Champaign County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Champaign fall within the 100,000+ square foot range.

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