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431 E Adams Street

Springfield, IL 62704
  • $3,300,000
  • STATUS: Active
  • ON SITE: 232 Days
  • ID#: CA1023425
$3,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

43,297 square feet of mix-use space. Consists of 16 apartments (11 updated/renovated and no vacancies), One 2500 sqft completely renovated Airbnb with great rental history and future bookings, 5 newly renovated/fully leased retail locations on ground level, and 15,000 SF of commercial office space with over 50% leased. Great Downtown Springfield location directly west of the Old State Capitol. The building comes with a private parking garage with 20 spots for residential tenants. Building has an elevator, new facade on exterior of building, and updated common hallways and new LED lighting. Building is located in the downtown TIF District. Rent Rolls and full financials are available to qualified buyers upon request.

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© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-03-02T23:45:03.73.
www.brysonsmithteam.com/homes/141494702
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431 E Adams Street Springfield, IL 62704

  • Price: $3,300,000
  • Status: Active
  • On Site: 232 Days
  • ID#: CA1023425
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Springfield
County:
Sangamon
Area:
Springfield
Property Description
43,297 square feet of mix-use space. Consists of 16 apartments (11 updated/renovated and no vacancies), One 2500 sqft completely renovated Airbnb with great rental history and future bookings, 5 newly renovated/fully leased retail locations on ground level, and 15,000 SF of commercial office space with over 50% leased. Great Downtown Springfield location directly west of the Old State Capitol. The building comes with a private parking garage with 20 spots for residential tenants. Building has an elevator, new facade on exterior of building, and updated common hallways and new LED lighting. Building is located in the downtown TIF District. Rent Rolls and full financials are available to qualified buyers upon request.
Exterior Features

Construction Materials BrickBlock Roof Flat

Interior Features

Building Area Total 43297 Building Features Cable Cooling Central AirIndividual Units Flooring CarpetTile/VinylWood Heating Forced AirIndividual Unit Individual Laundry YN Yes

Property Features

Agent Owned Yes Building Name Chatterton Place Frontage Type City StreetCorner Lot Levels TwoThreeMulti-Tenant Net Operating Income -22362 Possible Use OfficeInvestmentMulti-FamilyRetail Security System YN No Sewer Public Sewer Sprinkler YN Yes Tax Annual Amount 22361.86 Tax Incentive1 None Tax Year 2022 Type Commercial Water Source City Water/ConnectedMunicipal/City

Listing provided courtesy of Bill Marriott of The Real Estate Group, Inc.: Offc: 217-787-7000.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-03-02T23:45:03.73.
 
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Bryson Smith Team | Keller Williams Premier Realty
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