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401 E Sangamon Avenue Springfield, IL 62702 Commercial - Office Active

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  • 401 E Sangamon Avenue, Springfield, IL 62702 Main Photo

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Description

Here is your opportunity to establish your business location in a quiet setting on Sangamon Avenue in Springfield! This +/- 5,355 square foot brick office building is equipped with a functional layout offering a waiting/reception area, 8 private offices, conference room, multiple storage rooms, break room, restrooms, a partial unfinished basement and 25 on-site parking spaces. The balance of the building is on a crawl space. The property also offers access ramps, great signage visibility, and +/- 7,650 sq ft of excess yard space. There is a shed on the property that is not included in the sale but is negotiable. The owner replaced the roof in April 2026. This property sits just across the street from Lincoln Park on Sangamon Ave, creating a perfect setting for breaks, views, or walks/jogs. Also, enjoy easy access to arterial roadways including 5th Street and Veterans Pkwy. Do not pass-up the chance to own and occupy this exceptional property in Springfield, IL!

Property Highlights

Property Type: Commercial - Office
Building Description: 1.0 stories
Available Sqft: 5355
Year Built: 1979

General Information

County: Sangamon
Listed By:
Todd P Smith Real Estate Office: 217-441-8000
RMLSA
$375,000
Est. $2,406/mo
New to the Market Active
SQUARE FEET5,355 MLS#CA1043176
STATUSActive PROPERTY TYPECommercial - Office

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Ruhl&Ruhl Realtors
563.441.1776

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401 E Sangamon Avenue, Springfield, IL 62702.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $375,000$375,000$375,000
Down Payment $75,000$13,125$93,750
Monthly Mortgage Amount $1,775$2,208$2,279
Taxes $522$522$522
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$165$0
Monthly Estimated Total $2,406$3,004$2,910

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