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305 N 5th St - KWVM Lot and Old Portuguese Church Lot

1.1 Acres of Commercial Land Offered at $925,000 in Springfield, IL 62702

Commercial Land Illinois Springfield 305 N 5th St, Springfield, IL 62702

Investment Highlights

  • Mid-Illinois Medical District

Executive Summary

This property is located in the Mid-Illinois Medical District.
Listing Broker is Managing Broker and has a financial interest in the property.
Madison Street between 4th and 5th Streets

Property Facts Under Contract

Price $925,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Office
  • Medical
No. Lots 1 Total Lot Size 1.10 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $925,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Medical
Total Lot Size 1.10 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $925,000 Lot Size 1.10 AC
Price Per AC $839,993
Price $925,000
Price Per AC $839,993
Lot Size 1.10 AC

Can be subdivided. Parcel 14-27.0-352-017 contains 28,583 square feet. Parcel 14-27.0-352-018 contains 19,389 square feet. Price for the smaller lot is $372,268.00. Price for the larger lot is $548,793.00

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Walk Score ®
Very Walkable (85)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-27.0-352-018
  • 14-27.0-352-017
 Improvements Assessment $6,341
Land Assessment $145,538 Total Assessment $151,879

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-27.0-352-018
  • 14-27.0-352-017
Land Assessment
$145,538
Improvements Assessment
$6,341
Total Assessment
$151,879

zoning

Zoning Code S3
S3
(217) 747-0019

  • Listing ID: 4606979

  • Date on Market: 10/13/2016

  • Last Updated:

  • Address: 305 N 5th St, Springfield, IL 62702

More public record information on 305 N 5th St, Springfield, IL 62702

The Land Property at 305 N 5th St, Springfield, IL 62702 is currently available For Sale. Contact Myers Commercial Real Estate, Inc. for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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305 N 5th St, Springfield, IL for sale Building Photo- Image 1 of 3
14-27-352-018
305 N 5th St, Springfield, IL for sale Building Photo- Image 2 of 3
14-27-352-017

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305 N 5th St - KWVM Lot and Old Portuguese Church Lot
(217) 747-0019 x

305 N 5th St - KWVM Lot and Old Portuguese Church Lot

Stephen Myers

(217) 747-0019

(217) 747-0019

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