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$375,000
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Property Description
Take advantage of seller financing for qualified buyers and secure this exceptional 3,075-square-foot property in a thriving business area of Champaign. Previously functioning as a turnkey restaurant, this property can offer steady rental income and is well-suited for a variety of business ventures. The building is situated on a half-acre lot with a spacious parking lot that accommodates 55+ vehicles, just two blocks west of a newly established Starbucks, ensuring excellent visibility and foot traffic in a highly sought-after location. In addition to its prime location and income-generating potential, the property can benefit from a number of state and local programs designed to support small businesses, making it an even more attractive option for prospective buyers. This property represents a compelling investment opportunity, combining a high-demand location, steady income generation, and future growth potential. Whether you're seeking a turnkey operation or a high-potential asset to start or expand your business, this listing provides the perfect blend of quality and profitability. To be sold AS-IS, don't miss out-schedule your showing today!
Full Property Details
Full Property Details for 2312 W Springfield Ave
General
- Price: $375,000
- Taxes: $20,516 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12257390
- Updated: 12/16/2025
- Added to Site: 417 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: Champaign, Savoy
- County: Champaign
- Driving Directions: From S Mattis Ave, go W on Springfield Ave
- Location Details: Central Illinois
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 3,075
- # of Stores: 1
- Year Built: 1979
Lot Features
- Lot Size (Sq. Ft.): 30,492
- Lot Dimensions: 141 x 226 x 146 x 226
- Zoning: COMMR
Financial Considerations
- Security Deposit: Other
- Assessment Year: 1979
- Tax Amount: $20,516
- Tax Year: 2023
Disclosures and Reports
- Property ID: 412010451009
Listed by Trautman Real Estate Agency & Appraisal LLC
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Schools
Schools serving 2312 W Springfield Ave
School District:Champaign Community Unit School District 4
| Name | Grades | Distance |
|---|---|---|
Centennial High School 913 Crescent Drive, Champaign, IL 61821 | 9-12 | 0.5 mi |
Disclaimer:
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
12/10/2025
Price Reduced
$375,000
-6.23%
MLS
4/25/2025
Price Reduced
$399,900
-5.91%
MLS
12/19/2024
Listed
$425,000
—
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
2024
$20,675
6%
$237,080
10%
2023
$19,471
15%
$215,920
17%
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# 12257390) is a Commercial property. 2312 W Springfield Avenue is currently listed for $375,000 and was received on December 19, 2024. 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.
