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3111 Normandy Drive Springfield, IL 62703 Commercial - Retail Active

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Description

Exceptional multi-unit commercial property offering over 15,000 square feet of office and retail space on just over 2 acres. This very well-maintained building features a versatile mix of units, making it ideal for investors or owner-occupants seeking multiple income streams. Recent updates include newer flooring throughout, a newer roof, and updated mechanicals, providing peace of mind and minimizing future expenses. The property is supported by ample parking with over 50 spaces, easily accommodating tenants, employees, and customers. With a flexible layout suited for a variety of office and retail uses, along with strong accessibility and a generous lot size, this property offers excellent potential for continued income and future growth. A rare opportunity to own a well-cared-for asset with both stability and upside.

Property Highlights

Property Type: Commercial - Retail
Building Description: 2.0 stories
Available Sqft: 15116
Year Built: 1978
Lot Size: 2.12 acres

General Information

County: Sangamon
Listed By:
RE/MAX Professionals Mobl: 217-971-7215
RMLSA
$460,000
Est. $2,951/mo
New to the Market Active
SQUARE FEET15,116 MLS#CA1043147
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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3111 Normandy Drive, Springfield, IL 62703.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $460,000$460,000$460,000
Down Payment $92,000$16,100$115,000
Monthly Mortgage Amount $2,177$2,708$2,796
Taxes $640$640$640
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$202$0
Monthly Estimated Total $2,951$3,684$3,570

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