51 Springfield AveChampaign, IL 61820

For Sale
$2,728,000

High-Income Potential, Multi-Parcel Property

Overview

Added:
Feb 3
Days on market:
39
This exceptional commercial investment opportunity in Champaign, IL, presents a unique chance to acquire a multi-parcel property at 51 E. Springfield Avenue. The property comprises four distinct parcels (PP#s: 432013230001, 432013230002, 432013230003, and 432013230004), offering significant flexibility and potential for development or expansion. Currently, a six-bedroom house sits on the land. While not considered a primary value driver, this existing structure generates supplemental income, potentially reaching $1200 or more monthly. The property's considerable size and multiple parcel designations make it ideal for a variety of commercial ventures. The property also features a recently installed roof on the existing house. This is a prime location in Champaign, offering excellent potential for investors seeking a strong return on investment. The asking price is $2,728,000. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property. Further details regarding zoning and potential uses are available upon request. Don't miss this opportunity to acquire a substantial commercial holding in a thriving Illinois market.

Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.11215
Longitude
-88.23992
51 Springfield Ave, Champaign, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
51 Springfield Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message