Contact us: 563.441.1776
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.
Property Highlights
Property Type: Commercial - Business
Building Description: 3.0 stories
Available Sqft: 4200
General Information
County: Sangamon
Listed By:
TBFS Investments
Office: 217-666-2076
RMLSA
MLS ID: CA1047138
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8 Old State Capitol Plaza, Springfield, IL 62701.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $499,000 | $499,000 | $499,000 |
| Down Payment | $99,800 | $17,465 | $124,750 |
| Monthly Mortgage Amount | $2,589 | $3,178 | $3,209 |
| Taxes | $694 | $694 | $694 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $220 | $0 |
| Monthly Estimated Total | $3,429 | $4,238 | $4,049 |
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/09/2026. The listing information on this page last changed on 11/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 11/09/2026 8:30:34 AM EST) or MRED MLS (last updated Mon 11/09/2026 7:05:43 AM EST) or SCWMLS (last updated Mon 11/09/2026 8:27:01 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 11/08/2026 10:16:30 PM EST) or Cedar Rapids MLS (last updated Mon 11/09/2026 8:29:15 AM EST) or NEIRBR MLS (last updated Mon 11/09/2026 8:28:44 AM EST) or ICAAR MLS (last updated Sun 11/08/2026 11:37:27 PM EST) or ECIMLS (last updated Sun 11/08/2026 11:44:36 PM EST) or RMLSA (last updated Mon 11/09/2026 8:23:13 AM EST) or Muscatine MLS (last updated Mon 11/09/2026 2:00:12 AM EST) or No Coast MLS (last updated Mon 11/09/2026 8:24:22 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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