Property Listing No Longer Available for Sale

2108 W Springfield Ave, Champaign, IL

Retail for Sale - $385,000 - 5,729 Sq. Ft. on 0.49 acres


Property Info

CIMLS#1069361
Location
  2108 W Springfield Ave
  Champaign IL 61821
UpdatedMay 6th, 2022
TypeRetail
Price$385,000
Building5,729 Sq. Ft.
Land0.49 acres

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale 2108 W Springfield Avenue in Champaign, Illinois. The property is located just west of the intersection of Mattis Avenue and Springfield Avenue, which boasts combined average annual daily traffic counts of nearly 40,000 vehicles per day. The property is extremely well situated between high-growth residential subdivisions in west Champaign, and major commercial developments and the University of Illinois campus to the east. The property is also strategically located immediately south of Interstate 72, which provides additional access to Interstate 57 and Interstate 74. Parkland College (20,000+ student & 700+ faculty and staff), and Kraft Heinz (1,000+ employees) lie just north of the site – Kraft Heinz completed a 730,000 SF expansion in 2013, showing their commitment to the area and Parkland College completed a $35 million renovation to their student union in 2014. 2108 West Springfield Avenue was built in 1970 and features an ideal mix of professional office and service-based tenants that are highly complementary. The building benefits from a long history of occupancy, and the tenants have collectively shared over 113 years of success at this location:

Tom Cox (State Farm): 41 Years Cheryl E. Smith, CPA: 19 Years Sherry’s Hair: 50 Years World System Builder: 1 Year Felmley-Dickerson: 2.5 Years The smaller office sizes, highly functional floor plan, and the site’s proximity to many popular restaurants and other amenities make it a great location for a wide spectrum of professional office and service-based retail uses.


Financials



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