1200 N 5TH ST, Springfield, IL 62702
1200 N 5TH ST, Springfield, IL 62702
1200 N 5TH ST, Springfield, IL 62702
1200 N 5TH ST, Springfield, IL 62702
1200 N 5TH ST, Springfield, IL 62702
1200 N 5TH ST, Springfield, IL 62702
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Listed by Blake Pryor • Coldwell Banker Commercial Dev
$ 120,000
Est. payment | /mo

3,372 SqFt


Save
$ 120,000
Est. payment | /mo
Save

3,372 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,372 sqft

Price per Sqft $35

MLS Listing ID CA1044811

Year Built 1950

Annual Tax Amount $3,297

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Commercial

Source rmlsa

Property Description

Freestanding office/retail building located on a signalized corner lot with strong visibility, convenient access, and multiple points of ingress/egress (13,500 AADT along N Grand Ave E). The building has a flexible layout featuring open areas on each end, several smaller rooms, and a kitchenette near the center. A small clothing store currently occupies the building. Located within the Mid-Illinois Medical District, property benefits from nearby investment and redevelopment, including Advanced Medical Transport/Medics First's new headquarters and clinical training facility, along with newer facilities for DaVita Kidney Care and KED Plasma. Also, the property falls within the Enos Park TIF District and an Enterprise Zone – call OPED to see if you could qualify for incentives related to building rehabilitation, business improvements, City property tax abatements, and building materials sales tax exemptions.

Location

State IL

County Sangamon

Area Springfield

Zoning S-3

Direction Northeast corner of N. 5th St & N Grand Ave E.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Concrete, Tile

Fireplace N

Exterior

View true

Roof Type Asphalt,Flat,Membrane,Sloped

Total Parking Spaces 12

Garage 1

Building

Faces Northeast corner of N. 5th St & N Grand Ave E.

Sewer Public Sewer

Water City Water/Connected, Municipal/City

Structure Type Brick,Stone

Others

Tax ID 14-22.0-377-007

Nearby Locations

GET MORE INFORMATION

Shonna Murrey
Shonna Murrey

Broker Associate | License ID: 64826000

+1(515) 612-8939

315 SW Maple St, Ankeny, IA, 50023, USA

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1200 N 5TH ST

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