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VALUE ADD OFFICE FOR SALE 2108 W Springfield Ave 5,729 SF Vacant Office Building Champaign, IL 61821 $425,000 ($74.18/SF)
INVESTMENT HIGHLIGHTS
- Value Add Opportunity
- Enterprise Zone & TIF District (proposed)
- 6 Established suites
- Off-Street Parking (34 spots)
- Flexible layout for single user or multiple users
EXECUTIVE SUMMARY
Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to offer for Sale this freestanding office building located in Champaign, IL. The building was constructed in 1970 as a multi-tenant office building consisting of seven (7) suites. Currently there are six (6) smaller suites consisting of: Suite 1&3 – 1,370 SF; Suite 2 – 953 SF ; Suite 4 – 1,134 SF; Suite 5 – 795 SF; Suite 6 – 641 SF; and Suite 7 – 836 SF. Current suites 1/3 & 6, are available for lease and 2, 4, 5, and 7 currently leased. Each Suite has their own restroom(s) and could be combined with other suites. See floor plan for more details.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,729 SF
Building Class
C
Year Built
1970
Price
$425,000
Price Per SF
$74.18
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,729 SF
Building FAR
0.27
Lot Size
0.49 AC
Zoning
CG - Commercial General
Parking
22 Spaces (3.84 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 41-20-10-451-015 | Improvements Assessment | $48,720 |
| Land Assessment | $79,860 | Total Assessment | $128,580 |
PROPERTY TAXES
Parcel Number
41-20-10-451-015
Land Assessment
$79,860
Improvements Assessment
$48,720
Total Assessment
$128,580
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VALUE ADD OFFICE FOR SALE | 2108 W Springfield Ave
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