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509-511 W Capitol Ave
Springfield, IL 62704
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Secure underground parking
- Recently updated finishes inside, including Fiber data cable.
EXECUTIVE SUMMARY
Amazing location with on site surface & secure underground garage parking.
This investment property is near the State of Illinois Capitol Building, with 3 stories of +/- 43,000 office space. Interior finishings include brand new quality carpet, marble halls, freshly painted dry wall, acoustical tile ceiling, ADA restrooms, two four-stop elevators, and newly installed fiber data cable and security system. This solid brick 35 year old building is nicely landscaped with ADA accessibility and both surface or underground parking. Imagine being able to park in a secure environment, out of the cold or rain, just steps from the State Capitol! Owner is open to leasing.
Co brokerage with Seppi-Kent, Broker Owned.
This investment property is near the State of Illinois Capitol Building, with 3 stories of +/- 43,000 office space. Interior finishings include brand new quality carpet, marble halls, freshly painted dry wall, acoustical tile ceiling, ADA restrooms, two four-stop elevators, and newly installed fiber data cable and security system. This solid brick 35 year old building is nicely landscaped with ADA accessibility and both surface or underground parking. Imagine being able to park in a secure environment, out of the cold or rain, just steps from the State Capitol! Owner is open to leasing.
Co brokerage with Seppi-Kent, Broker Owned.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
43,000 SF
Building Class
B
Year Built
1995
Price
$4,846,266 CAD
Price Per SF
$112.70 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
14,333 SF
Building FAR
0.66
Lot Size
1.50 AC
Zoning
R-5 - office district
Parking
80 Spaces (1.86 Spaces per 1,000 SF Leased)
AMENITIES
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 14-33.0-206-018 | Improvements Assessment | $775,334 CAD |
| Land Assessment | $218,962 CAD | Total Assessment | $994,295 CAD |
PROPERTY TAXES
Parcel Number
14-33.0-206-018
Land Assessment
$218,962 CAD
Improvements Assessment
$775,334 CAD
Total Assessment
$994,295 CAD
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