2208 W Springfield Ave | Champaign, IL 61821
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2208 W Springfield Ave
Champaign, IL 61821
CAR WASH · Retail Property For Sale
Executive Summary
Property Description
The subject property is a twelve bay self-service car wash. Located in the middle of the building is storage, mechanical/maintenance room and one restroom. The building is a block building constructed in 1979 and totals 7,680 SF. The building has 3-Phase, 600 amp service. There may be a need for a cross-access parking agreement with 2206 W. Springfield next door to the east.
*Six of the twelve bays were not operable in 2023. All twelve bays will be operable by the end of June 2024.
This property can also be purchased along with 2206 W. Springfield Ave.
NOI:
2023- $184,858*
2022- $192,711
2021- $198,209
The subject property is a twelve bay self-service car wash. Located in the middle of the building is storage, mechanical/maintenance room and one restroom. The building is a block building constructed in 1979 and totals 7,680 SF. The building has 3-Phase, 600 amp service. There may be a need for a cross-access parking agreement with 2206 W. Springfield next door to the east.
*Six of the twelve bays were not operable in 2023. All twelve bays will be operable by the end of June 2024.
This property can also be purchased along with 2206 W. Springfield Ave.
NOI:
2023- $184,858*
2022- $192,711
2021- $198,209
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
7,680 SF
Year Built
1979
Price
$1,921,725 CAD
Price Per SF
$250 CAD
Percent Leased
Vacant
Building Height
1 Story
Zoning
CG - Commercial General
PROPERTY TAXES
| Parcel Number | 412010451027 | Improvements Assessment | $134,179 CAD |
| Land Assessment | $202,820 CAD | Total Assessment | $336,999 CAD |
PROPERTY TAXES
Parcel Number
412010451027
Land Assessment
$202,820 CAD
Improvements Assessment
$134,179 CAD
Total Assessment
$336,999 CAD
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