• 1200 N 5TH ST, Springfield, IL 62702
    1200 N 5TH ST, Springfield, IL 62702
    1200 N 5TH ST, Springfield, IL 62702
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    Listed by Blake Pryor • Coldwell Banker Commercial Dev
    $120,000
    Est. payment /mo
    3,372 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3,372 sqft

    Price per Sqft $35

    MLS Listing ID CA1044811

    Year Built 1950

    Annual Tax Amount $3,297

    Tax Year 2025

    Lot Size 8,276 Sqft

    Acres 0.19

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    Freestanding office/retail building located on a signalized corner lot with strong visibility, convenient access, and multiple points of ingress/egress (13,500 AADT along N Grand Ave E). The building has a flexible layout featuring open areas on each end, several smaller rooms, and a kitchenette near the center. A small clothing store currently occupies the building. Located within the Mid-Illinois Medical District, property benefits from nearby investment and redevelopment, including Advanced Medical Transport/Medics First's new headquarters and clinical training facility, along with newer facilities for DaVita Kidney Care and KED Plasma. Also, the property falls within the Enos Park TIF District and an Enterprise Zone – call OPED to see if you could qualify for incentives related to building rehabilitation, business improvements, City property tax abatements, and building materials sales tax exemptions.

    Location

    State IL

    County Sangamon

    Area Springfield

    Zoning S-3

    Direction Northeast corner of N. 5th St & N Grand Ave E.

    Interior

    Heating Forced Air, Natural Gas

    Cooling Central Air

    Flooring Carpet, Concrete, Tile

    Fireplace N

    Exterior

    View true

    Roof Type Asphalt,Flat,Membrane,Sloped

    Total Parking Spaces 12

    Garage 1

    Building

    Faces Northeast corner of N. 5th St & N Grand Ave E.

    Sewer Public Sewer

    Water City Water/Connected, Municipal/City

    Structure Type Brick,Stone

    Others

    Tax ID 14-22.0-377-007


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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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