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919 S SPRING ST Springfield, IL 62704

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919 S SPRING ST, Springfield, IL 62704

$590,000

Commercial 10,640 square feet MLS #: 166532

Description of 919 S SPRING ST, Springfield, IL 62704

Great investment opportunity. 8,900 SF office building for sale with 3+ years left on the lease with two 3-year options. 12.2% cap rate. Property also includes a 1,740 SF garage/shop/storage building immediately west of the office, tax ID 14330433006. Property is located in the central part of the city just south of downtown Springfield near other professional offices and associations. Neighbors include Big Brothers Big Sisters, Illinois Trucking Association, Help at Home, among others. State Capitol within 2-3 blocks as well as other state offices. Agent owned.

Directions to 919 S SPRING ST, Springfield, IL 62704

South of Lawrence on Spring.

Features of 919 S SPRING ST, Springfield, IL 62704

  • Lot zoned: R-5b

Mortgage Payments for 919 S SPRING ST, Springfield, IL 62704

The approximate monthly Principal & Interest payment for this property would be $2,831. This payment is based on a 30-year loan at a fixed rate of 4.94 % with a down payment of $59,000. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate, or contact a Mortgage Advisor for expert assistance.

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Capital Area Association of REALTORS Multiple Information Service.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright 2018 Capital Area Association of REALTORS. All rights reserved.