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2312 W Springfield Avenue

Champaign, IL 61821
  • $425,000
  • STATUS: Active
  • ON SITE: 372 Days
  • MLS #: 11876690
Price Reduced
UPDATED: 26 min ago
$425,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979
County:
Area:

School Ratings & Info

Description

This 3,075-square-foot building represents an excellent investment opportunity. Presently, the property is under lease to a restaurant establishment, making it an income-generating asset. A significant benefit is the ample parking space available, accommodating up to 45 vehicles, on a spacious half-acre lot. The property itself has been well-maintained and improved upon! Additionally, this building's location is strategically positioned just two blocks west of a more recent Starbucks establishment, further underlining the area's desirability and commercial potential. Whether considering the prime location, steady rental income, lease extension prospects, or the property's overall state of upkeep, this investment opportunity presents a compelling proposition for potential investors seeking a well-positioned and maintained asset. **Being sold as is**

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-09-12T12:14:08.37 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2312 W Springfield Avenue Champaign, IL 61821

  • Price: $425,000
  • Status: Active
  • On Site: 372 Days
  • Updated: 26 min ago
  • MLS #: 11876690
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1979
Built
Neighborhood:
Champaign
County:
Champaign
Area:
Champaign
Property Description
This 3,075-square-foot building represents an excellent investment opportunity. Presently, the property is under lease to a restaurant establishment, making it an income-generating asset. A significant benefit is the ample parking space available, accommodating up to 45 vehicles, on a spacious half-acre lot. The property itself has been well-maintained and improved upon! Additionally, this building's location is strategically positioned just two blocks west of a more recent Starbucks establishment, further underlining the area's desirability and commercial potential. Whether considering the prime location, steady rental income, lease extension prospects, or the property's overall state of upkeep, this investment opportunity presents a compelling proposition for potential investors seeking a well-positioned and maintained asset. **Being sold as is**
Exterior Features

Frontage Type City Street Outdoor Parking Parking On-Site

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 0 Built Before1978 YN No Electric Three Phase Fire Protection Other Geographic Locale Central Illinois Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Location Central Business District Mls Actual Status Active Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 19471 Tax Year 2023 Tenant Pays Other Total Monthly Income 0 Type Mixed Use Utilities Water-Municipal Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of KELLER WILLIAMS-TREC: 217-356-6100.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-09-12T12:14:08.37 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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