• 703 S 8TH ST, Springfield, IL 62703
    703 S 8TH ST, Springfield, IL 62703
    703 S 8TH ST, Springfield, IL 62703
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    Listed by Crystal Commean • RE/MAX Professionals
    $79,900
    Est. payment /mo
    8,644 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 8,644 sqft

    Price per Sqft $9

    MLS Listing ID CA1039673

    Year Built 1864

    Annual Tax Amount $4,910

    Tax Year 24

    Lot Dimensions 80 X 152

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER - OFFER WHILE YOU CAN! ATTENTION INVESTORS: 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. Seller is open to entertaining all reasonable offers!

    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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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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