• 8 Old State Capitol PLZ, Springfield, IL 62701
    8 Old State Capitol PLZ, Springfield, IL 62701
    8 Old State Capitol PLZ, Springfield, IL 62701
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    Listed by Matthew Davlin • TBFS Investments
    $499,000
    Est. payment /mo
    4,200 SqFt
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    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 4,200 sqft

    Price per Sqft $118

    MLS Listing ID CA1047138

    Annual Tax Amount $12,060

    Tax Year 2025

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    Rare Downtown Investment Opportunity grossing $91,000 annually. Own a piece of historic Springfield with this meticulously maintained mixed-use property located right on Old State Capitol Plaze. The main floor features a commercial office with long term lease already in place through 2028 featuring 5 offices, a conference room and reception area. Upstairs, discover two beautifully updated, fully furnished residential units. Both apartments currently operate as high-performing short-term rentals with a proven, turnkey track record of impressive occupancy rates and exceptional cash flow. Situated steps away from the Old State Capitol, this property is ideal for a savvy investor looking to capitalize on a seamless, multi-stream revenue generator. Location, history, and verified profitability—all in one package.

    Location

    State IL

    County Sangamon

    Area Springfield

    Zoning S3

    Direction On Capitol Plaza across from the old state capitol building

    Interior

    Heating Forced Air, Individual Unit

    Cooling Central Air, Multi Units

    Flooring Carpet, Tile, Wood

    Fireplace N

    Exterior

    View true

    Roof Type Tar/Gravel

    Garage 1

    Building

    Faces On Capitol Plaza across from the old state capitol building

    Sewer Public Sewer

    Structure Type Concrete,Stone

    Others

    Tax ID 14-34.0-130-081


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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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