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212 W Laurel St 3,800 SF 100% Leased Office Building Springfield, IL 62704 $169,649 CAD ($44.64 CAD/SF)



Investment Highlights
- GREAT LOCATION
- FULLY RENTED
Executive Summary
Gr eat Inve stment Prope rty with four s eparat e units, all
units ar e fully r ent ed with gr eat stabl e income s, six years
flat rubbe r roof, t enants pay all the ir utiliti e s, owne r
pays the trash r emoval and groundske eping, zone changed
from R5B to S1 to allow small r e tail busine ss.
units ar e fully r ent ed with gr eat stabl e income s, six years
flat rubbe r roof, t enants pay all the ir utiliti e s, owne r
pays the trash r emoval and groundske eping, zone changed
from R5B to S1 to allow small r e tail busine ss.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$23,016
|
$6.06
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $23,016 |
| Annual Per SF | $6.06 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,800 SF
Building Class
B
Year Built/Renovated
1940/2017
Price
$169,649 CAD
Price Per SF
$44.64 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,254 SF
Building FAR
0.32
Lot Size
0.27 AC
Zoning
S1 - Commercial
Parking
10 Spaces (3.07 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 22-04.0-253-033 | Improvements Assessment | $8,269 CAD (2025) |
| Land Assessment | $35,287 CAD (2025) | Total Assessment | $43,556 CAD (2025) |
Property Taxes
Parcel Number
22-04.0-253-033
Land Assessment
$35,287 CAD (2025)
Improvements Assessment
$8,269 CAD (2025)
Total Assessment
$43,556 CAD (2025)
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212 W Laurel St
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