$199,000
$199,000
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2,271 SqFt
SOLD DATE : 11/22/2024
Key Details
Sold Price $199,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,271 sqft
Price per Sqft $87
MLS Listing ID CA1032311
Sold Date 11/22/24
Originating Board rmlsa
Annual Tax Amount $5,155
Tax Year 2023
Property Sub-Type Commercial
Property Description
This mixed-use building offers an excellent investment opportunity in the heart of downtown Springfield, IL. Located near historic Abraham Lincoln landmarks, popular shops, and bars, it benefits from a prime, high-traffic area. The main floor spans approximately 1,400 square feet and is ideal for office or retail use, providing a flexible space for a wide range of businesses. The upper level features a one-bedroom apartment that is currently rented for $1,400 per month, offering steady rental income. With both commercial and residential potential, this property is perfect for investors looking to capitalize on its prime location and versatility.
Location
State IL
County Sangamon
Area Springfield
Zoning Commercial
Direction FROM E JEFFERSON, HEAD SOUTH ON 5TH STREET
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet, Tile/Vinyl
Fireplace N
Exterior
View true
Roof Type Flat
Garage 1
Building
Faces FROM E JEFFERSON, HEAD SOUTH ON 5TH STREET
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Other
Others
Tax ID 14-27.0-360-031
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