Sold
Last Sold Price
2312 W Springfield Ave, Champaign, IL 61821
Mixed UseProperty Type
0.7 acresLot Size
1979Year Built

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...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!

    Sold By Trautman Real Estate Agency & Appraisal LLC

    • Listed by: Wanli Zhang 217.979.6379 wanli@trautmanagency.com • Trautman Real Estate Agency & Appraisal LLC
    • Listed by: PJ Trautman 217.888.8585 pj@trautmanagency.com • Trautman Real Estate Agency & Appraisal LLC
    Listing closed: 03/16/2026 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12257390

    Location

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    $3,616 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $1,906

    Property Taxes

    $1,710

    HOA Dues

    $0

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    Property Information for 2312 West Springfield Avenue

    Property Details
    • Taxes: $20,516 / year
    • MLS Type: Commercial Sale
    • Area: Champaign, Savoy
    • Air Conditioning Type: Central Air
    • Zoning: COMMR
    Building Information
    • Stories: 1
    • Residences: 1
    • Year Built: 1979
    • Lot Size: 0.70 AC / 30,492 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 31-50 Spaces
    Location and General Information
    • Geographic Locale: Central Illinois
    • Information: None
    Taxes and HOA Information
    • Additional Parcels: Yes
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Electric: Three Phase
    • Heat/Ventilation: Forced Air,Gas
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 0
    Property/Lot Information
    • Built Before 1978: No
    • Approximate Age: 36-50 Years
    • Lot Dimensions: 141X226X146X226
    • Lot Size Square Feet: 30492.0
    • Stories: 1
    • Exterior Building Type: Brick
    • Construction: Brick
    • Fire Protection: Other
    • Building Area Total: 3075
    • # Of Offices: 1
    • # Of Stores: 1
    • Property Sub Type: Mixed Use
    • MRD_UNC: No
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 48
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 1
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $.00
    • Gross Scheduled Income: $.00
    • Insurance Expense: $.00
    • Total Monthly Income: 0
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 2312 West Springfield Avenue

    DateEvent & SourcePriceAppreciation
    Mar 16, 2026

    Sold

    MRED #12257390

    $375,000
    Feb 26, 2026

    Pending

    MRED #12257390

    Feb 26, 2026

    Contingent

    MRED #12257390

    DateEvent & SourcePrice
    03/16/2026

    Sold

    MRED #12257390

    $375,000
    02/26/2026

    Pending

    MRED #12257390

    02/26/2026

    Contingent

    MRED #12257390

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 2312 West Springfield Avenue

    Taxable ValueLand$40,450Additions$79,730Total$120,180
    Tax Record2025$10,099 ($842 / month)
    Home Facts
    Lot Size21,780 SqFtStyleMiscellaneous CommercialCountyCHAMPAIGNAPN41-20-10-451-009

    Schools near 2312 West Springfield Avenue

    This home is within Champaign Community Unit School District 4.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - K to 5
    Rating
    School
    Distance
    Kenwood Elementary School
    PublicK to 5

    Jefferson Middle School
    Public6 to 8

    Centennial High School
    Public9 to 12

    Westview Elementary School
    PublicK to 5

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Trautman Real Estate Agency & Appraisal LLC

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/17/2026 03:03 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.