2208 W Springfield Ave, Champaign, IL

Retail for Sale - $950,000 - 7,680 Sq. Ft.


Agent Info

Zach Wetherell, CCIM
Coldwell Banker Commercial Devonshire Realty

Property Info

CIMLS#1160125
Location
  2208 W Springfield Ave
  Champaign IL 61821
UpdatedFebruary 13th, 2025
TypeRetail
Price$950,000
Building7,680 Sq. Ft.

Property Description

The subject property is a twelve bay self-service car wash. Located in the middle of the building is storage, mechanical/maintenance room and one restroom. The building is a block building constructed in 1979 and totals 7,680 SF. The building has 3-Phase, 600 amp service. There may be a need for a cross-access parking agreement with 2206 W. Springfield next door to the east.

*Six of the twelve bays were not operable in 2023 and part of 2024. All twelve bays were operable as of August 2024.

This property can also be purchased along with 2206 W. Springfield Ave.

NOI:

2024- $108,346*

2023- $184,858*

2022- $192,711

2021- $198,209


Financials



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