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2312 W Springfield Avenue, Champaign, IL 61821
$495,000
2312 W Springfield Avenue, Champaign, IL 61821View this property at 2312 W Springfield Avenue, Champaign, IL 61821
2312 W Springfield AvenueChampaignIL61821
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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.
Full Property Details
Full Property Details for 2312 W Springfield Ave
General
- Price: $495,000
- Taxes: $16,866 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 11876690
- Updated: 12/22/2023
- Added to Site: 236 day(s) ago
Additional Information
- Security/Safety: Other
Parking
- Parking Features: Parking On-Site
Location
- Area: Champaign, Savoy
- County: Champaign
- Driving Directions: From S Mattis Ave, go W on Springfield Ave.
- Location Details: Central Illinois, Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Municipal Water
Structural Information
- Stories/Levels: 1
- Year Built: 1979
Lot Features
- Lot Size (Sq. Ft.): 21,780
- Lot Dimensions: 100 x 226 x 105 x 226
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Security Deposit: Other
- Assessment Year: 1979
- Tax Amount: $16,866
- Tax Year: 2021
Disclosures and Reports
- Property ID: 412010451009
Listed by Keller Williams-Trec
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Schools
Schools serving 2312 W Springfield Ave
School District:Champaign Community Unit School District 4
Rating | Name | Grades | Distance |
---|---|---|---|
913 Crescent Dr, Champaign, IL 61821 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2312 W Springfield Ave
Date
Details
Price
Change
Source
10/09/2023
Price Reduced
$495,000
-10%
MLS
9/05/2023
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2312 W Springfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2021
$16,866
-8%
$184,240
-8%
2022
$18,317
8%
$199,190
8%
2020
$16,892
3%
$184,240
2%
2019
$16,349
2%
$180,450
2%
2018
$15,981
—
$177,600
—
2017
$16,048
12%
$177,600
2%
2016
$14,388
-1%
$173,950
2%
2015
$14,498
1%
$170,870
—
2014
$14,374
1%
$170,870
—
2013
$14,245
2%
$170,870
-2%
2012
$14,017
—
$174,350
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2312 W Springfield Ave
2312 W Springfield Avenue, Champaign, IL 61821 (MLS# 11876690) is a Commercial property. 2312 W Springfield Avenue is currently listed for $495,000 and was received on September 05, 2023. Want to learn more about 2312 W Springfield Avenue? Do you have questions about finding other Commercial real estate for sale in Champaign? You can browse all Champaign real estate or contact a Coldwell Banker agent to request more information.