2312 SpringfieldChampaign, IL 61821

  • Retail properties
  • 0.50 AC
For Sale
$425,000 View listing

Property Details for 2312 Springfield

Lot size
0.50 AC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
412010451009
APU
412010451009

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,289,223
    6.5%
    $9,497,744
    7%
    $8,819,334
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,148,850
    Geo Method
    $7,148,850
  • Alternative Use

    Use
    Valuation
    Residential
    $8,011,702
    Hospitality
    $7,338,676
    Educational
    $6,105,692
    Medical
    $6,315,677
    Retail
    $9,497,744
2312 Springfield, Champaign, Illinois

Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.1133
Longitude
-88.2858
CBSA code
16580
CBSA name
CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $143,240
  • Assessed land value
    $72,680
  • Assessed value
    $215,920
  • Tax year
    2023
  • Tax bill
    $19,471

FAQs

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