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Listed by Melissa Gates • Garrison Group Keller Williams
$ 3,100,000
Est. payment | /mo
50,691 SqFt
$ 3,100,000
Est. payment | /mo
50,691 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 50,691 sqft
Price per Sqft $61
MLS Listing ID CA1039367
Year Built 1854
Annual Tax Amount $38,477
Tax Year 2024
Property Sub-Type Commercial
Source rmlsa
Property Description
Rare opportunity to own a mixed use masterpiece in the heart of downtown Springfield IL. Originally constructed in 1854 as the First United Methodist Church, this iconic structure has stood as a pillar of architectural heritage for decades. Thoughtfully rehabilitated in 1978 and again in 2019. It now offers a seamless blend of historic charm and contemporary living. 25 apartments, each with in unit washer and dryers, Island, large full bathroom, updated appliances, with every unit offering a different floorplan. 3 separate office spaces, 1 currently with long term lease agreement and 2 additional commercial spaces. A turnkey investment. Full basement with a full kitchen, bathrooms, and more! This space has a ton of additional potential, and income while currently sitting at an impressive NOI. Whether you're drawn to its storied past or its strong financial future, this building delivers both character and performance. A cornerstone of Springfields urban fabric, ready for its next visionary owner.
Location
State IL
County Sangamon
Area Springfield
Zoning s-3
Direction Downtown Springfield on the corner of 5th and Capitol.
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet, Concrete, Tile
Fireplace N
Exterior
View true
Roof Type Flat,Other,Sloped,Tar/Gravel
Garage 1
Building
Faces Downtown Springfield on the corner of 5th and Capitol.
Sewer Public Sewer
Structure Type Brick
Others
Tax ID 14340134015
Security Features No