703 S 8TH ST Active

Springfield,IL 62703

$ 165000

- Bed

- Bath

8644 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,644 sqft

Price per Sqft $19

MLS Listing ID CA1039673

Year Built 1664

Annual Tax Amount $4,910

Tax Year 24

Lot Dimensions 80 X 152

Property Sub-Type Commercial

Source rmlsa

Property Description

Historic Dr. Henry Wohlgemuth House - ca. 1864. Located just one block from Lincoln's Home and the Elijah Iles House, this stately three-story solid brick Italianate-style building offers a rare opportunity to restore a piece of Downtown Springfield's architectural history. This grand scale structure features rich character, original charm, and massive potential. While the property is in distressed condition and will require an extensive full interior restoration and cleanout, its historic bones, prime location, and generous size make it a standout investment opportunity in Springfield's revitalizing downtown. The main level includes two expansive units with soaring ceilings, ideal for multi-family residential or mixed-use Commercial conversion. The second floor mirrors this layout with two additional large units, while the third floor offers four efficiency rooms, the original "maid's quarters", each were previously equipped with a kitchenette and toilet—perfect for future short-term rentals, studio apartments, or flexible workspace. A full, unfinished basement offers ample storage. Bring your vision and breathe new life into this iconic property—just steps from one of America's most treasured landmarks. Property will need a Cash buyer or strong Conventional/Construction financing.

Location

State IL

County Sangamon

Area Springfield

Zoning H3

Direction Cook and S. 8th

Interior

Heating Hot Water

Cooling None

Flooring Wood

Fireplace N

Exterior

View true

Roof Type Composition Shingle,Flat

Garage 1

Building

Faces Cook and S. 8th

Sewer Public Sewer

Structure Type Brick,Vinyl Siding

Others

Tax ID 14-34.0-190-094

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