Springfield, IL 62707,1295 TORONTO RD
Springfield, IL 62707,1295 TORONTO RD
Springfield, IL 62707,1295 TORONTO RD
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2026
1
Jan
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Listed by MelissaD Vorreyer • RE/MAX Professionals
$1,500,000
Est. payment /mo
2,200 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $681

MLS Listing ID CA1041017

Annual Tax Amount $22,490

Tax Year 2024

Lot Size 0.740 Acres

Acres 0.74

Lot Dimensions 111.96x248.77x132x239.61

Property Sub-Type Commercial

Source rmlsa

Property Description

Rare opportunity to acquire a package deal consisting of (2) established Subway® franchise locations and (1) multi-tenant commercial building. All assets are being sold together and offer strong visibility, steady traffic, and proven locations. Subway Location #1 is strategically positioned adjacent to Interstate 55 and directly serving University of Illinois Springfield (UIS) and Lincoln Land Community College (LLCC). This sparkling-clean location is situated in a well-maintained strip center with excellent exposure and consistent student, commuter, and local traffic. Subway Location #2 is located near the Illinois Army National Guard, Illinois State Fairgrounds, Lanphier High School and the newly constructed football stadium (all about 4 minutes away) providing outstanding year-round traffic drivers from military, state events, sports, and entertainment activities. The commercial building, located on the same parcel as Subway Location #1, features three (3) income-producing tenants, offering additional investment stability and diversified revenue streams. This offering is ideal for investors or owner-operators seeking a turnkey food service and commercial real estate investment in high-demand areas. Sale includes the Subway franchise(s); buyer must receive Subway® approval. Additional Billboard income from Subway #1 property is approx $300 a month.

Location

State IL

County Sangamon

Area Springfield

Zoning S-3 & B-1

Direction Toronto Rd Near I55 and UIS Campus. 2nd Parcel is 630 E North Grand Ave.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Other

Fireplace N

Exterior

View true

Roof Type Composition Shingle

Garage 1

Building

Faces Toronto Rd Near I55 and UIS Campus. 2nd Parcel is 630 E North Grand Ave.

Sewer Public Sewer

Water Municipal/City

Structure Type Brick,Block

Others

Tax ID 22270401100


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Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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1295 TORONTO RD

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