2312 W Springfield Avenue Champaign, IL $ 375,000
2312 W Springfield Avenue
$ 375,000
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2312 W Springfield Avenue

Champaign, IL, 61821
$ 375,000
Bedrooms-- Baths-- Sq 3,075

Monthly Estimate*

$ 2,309

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Commercial Property for sale in Champaign, IL

for $375,000. This 3,075 square foot building was built in 1979 on a lot size of 0.7.

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!

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Commercial Active

Price

$ 375,000

Property Type

Commercial

Taxes

$ 20,516

Style

Lot Size

0.7

Year Built

1979

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

12257390

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1979
Electric Three Phase
Stories Count 1
Property Subtype Mixed Use
Tax Year 2023
Gross Income 0
County Champaign
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions From S Mattis Ave go W on Springfield Ave
City Champaign
Number Of Units Total 1
MLS Area Champaign Savoy
Lot Size Square Feet 30492
Tax Annual Amount 20516
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Building Area Total 3075
Lot Dimensions 141X226X146X226
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* Excluded Features
List By
Trautman Real Estate Agency & Appraisal Llc

Broker

wanli@trautmanagency.com

Email

Affordability Calculator

$4,019
Per Month
57%
43%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$1,710
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/10/2025$375,000 -6.23% Price Down
4/25/2025$399,900 -5.91% Price Down
12/19/2024$425,000 Listed Price

Map


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2312 W Springfield Avenue, Champaign, IL, 61821 is a Commercial Property for sale at $375,000 with 3,075 sqft and a lot size of 0.7. 2312 W Springfield Avenue was built in 1979. The property's zip code is 61821 which is in Champaign, IL