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1430 S 8th St

2,391 SF 100% Leased Office Building Springfield, IL 62703 $67,000 ($28/SF)

Office Space Illinois Springfield 1430 S 8th St, Springfield, IL 62703

Investment Highlights

  • New roof installed in 2023
  • Located on a corner lot conveniently located less than 1 block off the busy S. Grand Ave

Executive Summary

Entire property now available for sale on a corner lot conveniently located less than 1 block off the busy S. Grand Ave. Free standing 2-story commercial property zoned B-1. Multiple office spaces can be split for multiple income opportunity. Offers 3 entrances to be able to split as needed. Some TLC needed, but a new roof was installed in 2023. Shed in the back will stay!

Property Facts

Sale Type
Investment
Sale Condition
Deferred Maintenance
Property Type
Office
Building Size
2,391 SF
Building Class
C
Year Built
1900
Price
$67,000
Price Per SF
$28
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,196 SF
Building FAR
0.39
Land Acres
0.14 AC
Zoning
B-1
Parking
6 Spaces (2.51 Spaces per 1,000 SF Leased)
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PROPERTY TAXES

Parcel Number 22-03.0-126-008 Improvements Assessment $18,632
Land Assessment $8,292 Total Assessment $26,924

PROPERTY TAXES

Parcel Number
22-03.0-126-008
Land Assessment
$8,292
Improvements Assessment
$18,632
Total Assessment
$26,924
(217) 741-1865

  • Listing ID: 30394353

  • Date on Market: 12/18/2023

  • Last Updated:

  • Address: 1430 S 8th St, Springfield, IL 62703

More public record information on 1430 S 8th St, Springfield, IL 62703

The Office Property at 1430 S 8th St, Springfield, IL 62703 is currently available For Sale. Contact The Real Estate Group for more information.

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1430 S 8th St
(217) 741-1865 x

1430 S 8th St

Dawn Sunley

(217) 741-1865

(217) 741-1865

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