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401 E WASHINGTON ST Springfield, IL 62701
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Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 24,000 sqft
Price per Sqft $39
MLS Listing ID CA182549
Sold Date 11/18/22
Year Built 1890
Annual Tax Amount $15,813
Tax Year 2021
Lot Dimensions 100 x 95
Property Sub-Type Commercial
Source rmlsa
Property Description
FOR SALE or LEASE - Own a piece of History! Investment/Redevelopment Opportunity! Get in on the revitalization of Downtown Springfield, IL. In the last few years: 30 new businesses & nearly 200 new residential units have been/are being developed (source: DSI), Kidzeum of Health & Science Museum, Farmer's market, new parks and gathering spaces, & much more. Within 1 block; Farmer's Market, mass transit, Old State Capitol. Opportunity for a mixed-use project! See attached documents for potential residential redevelopment. Currently finished as office space throughout. Located in a TIF District. First floor is being offered at $9.50/sf Second floor is available for lease at $9.00/sf Tenant is responsible for telephone/wifi, internal janitorial
Location
State IL
County Sangamon
Area Springfield
Zoning S-3
Direction NE corner of 4th & Washington - Springfield, IL
Body of Water ***
Interior
Fireplace N
Exterior
View true
Garage 1
Building
Faces NE corner of 4th & Washington - Springfield, IL
Others
Tax ID 14-27.0-360-029
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