325 W Adams St | Springfield, IL 62704
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- LoopNet Team
325 W Adams St
Springfield, IL 62704
State Of Illinois Comptroller · Office Property For Sale
Investment Highlights
- Occupied by the Comptroller for Over 40 Years | New 5-Year Renewal & 5-Year Option
- Step from the State Capital | Dept. Of Revenue | Supreme Court | Secretary of State
- 2.5 X Below Replacement Cost | Below Market Rent | 2021 Interior Remodel | Fiber Internet
- Executive Branch | Accounts The $45B Budget (5th Largest) | Mission Critical Tenant
- Largely Responsible for 2021 Credit Upgrades By S&P & Moody's (BBB & Baa3)
- Office Sub-Market: 96.3% Occupancy Rate (Costar Analytics) | Below Market Rent
PROPERTY FACTS
Property Type
Office
Building Size
101,500 SF
Building Class
B
Year Built/Renovated
1962/2002
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
25,375 SF
Building FAR
0.97
Lot Size
2.41 AC
PROPERTY TAXES
| Parcel Number | 14-33.0-226-003 | Improvements Assessment | $1,518,290 |
| Land Assessment | $361,222 | Total Assessment | $1,879,512 |
PROPERTY TAXES
Parcel Number
14-33.0-226-003
Land Assessment
$361,222
Improvements Assessment
$1,518,290
Total Assessment
$1,879,512
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