Homes for sale - 1533 WABASH AVE, Springfield, IL 62704

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Steven Sutton-Gordon

steven@stevensellinghomes.com +1(563) 343-7679

Listed by ToddP Smith • Todd P Smith Real Estate

$ 550,000

Est. payment | -/mo

8,364 SqFt

Save

$ 550,000

Est. payment | -/mo

Save

8,364 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,364 sqft

Price per Sqft $65

MLS Listing ID CA1030885

Originating Board rmlsa

Annual Tax Amount $14,850

Tax Year 2023

Lot Size 0.580 Acres

Acres 0.58

Lot Dimensions approx 140' x 180'

Property Description

Explore an outstanding investment opportunity with this fully leased commercial property located off Wabash Ave in Springfield, IL. Positioned in a prime location with a traffic count of 25,400. This property is fully leased, making it a wonderful addition to your portfolio. With tenants comprised of two retail businesses, a billboard and parking rent from a nearby company, this property generates strong monthly income. Additionally, tenants benefit from the current sales tax rate of 8.25% which further enhances its appeal as a retail location. Sale includes the real estate only and does not include any business interest. FF&E not included in sale.

Location

State IL

County Sangamon

Area Springfield

Zoning B-1

Direction Property is on the north side of Wabash Ave east of Chatham Rd and is between Little Saigon on the right and Valvoline on the left.

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Concrete

Fireplace N

Exterior

View true

Roof Type Composition Shingle

Garage 1

Building

Building Description Block,Frame, Cable

Faces Property is on the north side of Wabash Ave east of Chatham Rd and is between Little Saigon on the right and Valvoline on the left.

Sewer Public Sewer

Water Municipal/City

Structure Type Block,Frame

Others

Tax ID 22-08.0-178-026

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(563) 343-7679

steven@stevensellinghomes.com

5525 Meredith Dr, Des Moines, IA, 50310, USA

1533 WABASH AVE Springfield, IL 62704