51 E. Springfield Avenue Champaign, IL ^$ 2,728,000

51 E. Springfield Avenue

^$ 2,728,000

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51 E. Springfield Avenue

Champaign, IL, 61820

^$ 2,728,000

Studio Baths0.0

Monthly Estimate*

^$ 18,131

51 E. Springfield Avenue, Champaign, IL 61820 - Image 1

51 E. Springfield Avenue, Champaign, IL 61820 - Image 2

51 E. Springfield Avenue, Champaign, IL 61820 - Image 3

51 E. Springfield Avenue, Champaign, IL 61820 - Image 4

51 E. Springfield Avenue, Champaign, IL 61820 - Image 5

51 E. Springfield Avenue, Champaign, IL 61820 - Image 6

Studio

Commercial Property for sale in Champaign, IL

for $2,728,000. The lot size is 0.904109.

4 different parcel numbers: PP#s:432013230001 & 432013230002 & 432013230003 & 432013230004 There is a 6 bedroom house on the property with a new roof. It does not add to the value of the property but does contribute some income which could be as high as $1200 per month or more.

Commercial Active

Price

^$ 2,728,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 32,452

Style

Lot Size

0.904109

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

09735103

Features

General

Cooling Window Unit(s)

Zoning COMMR

Year Built 1

Tenant Pays None

Stories 0

Township Champaign

Tax Year 2016

County Champaign

Net Operating Income 0

Operating Expense 32000

Property Type Commercial Sale Instut/To Develop

Status Active

Directions Near 1st and Springfield in Champaign. Includes 4 lots one with a yellow house at 57 E. Springfield.

City Champaign

MLS Area Champaign Savoy

Lot Size Square Feet 39383

Street Name Springfield

Tax Annual Amount 32452

Additional Parcels Y/N Y

Days on Market 2304

Standard Status Active

Exterior

Lot Dimensions 220 X 177 X 225 X 177.07

Interior

Street Suffix Avenue

* Excluded Features

List By

Abe Lincoln Realty

Broker

neil@neilfotzler.com

Affordability Calculator

$20,835

Per Month

Monthly Principal & Interest: $18,131
Monthly Property Taxes: $2,704
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Champaign, IL

Average List Price ^$1,268,460

Percent of Sale Price 54%

About Champaign, IL

87,135 Population

24% Since 2002

^$43,908 Median Income

28.49 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/29/2017	$2,365,000		Listed Price

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51 E. Springfield Avenue, Champaign, IL, 61820 is a Commercial Property for sale at $2,728,000 with a lot size of 0.904109. 51 E. Springfield Avenue is a studio with 0.0 baths. The property's zip code is 61820 which is in Champaign, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/29/2024.

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51 E. Springfield Avenue

Commercial Property for sale in Champaign, IL

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