Explore an outstanding investment opportunity with this fully leased commercial property located off Wabash Ave in Springfield, IL. Positioned in a prime location with a traffic count of 25,400. This property is fully leased, making it a wonderful addition to your portfolio. With tenants comprised of two retail businesses, a billboard and parking rent from a nearby company, this property generates strong monthly income. Additionally, tenants benefit from the current sales tax rate of 8.25% which further enhances its appeal as a retail location. Sale includes the real estate only and does not include any business interest. FF&E not included in sale.
Property Details
Price:
$550,000
MLS #:
RMACA1030885
Status:
Active
Beds:
0
Baths:
0
Address:
1533 WABASH Avenue
Type:
Commercial
City:
Springfield
Listed Date:
Aug 1, 2024
State:
IL
Finished Sq Ft:
8,364
Total Sq Ft:
8,364
ZIP:
62704
Lot Size:
25,200 sqft / 0.58 acres (approx)
Schools
Interior
Cooling
Central Air
Flooring
Carpet, Concrete
Heating
Forced Air
Exterior
Construction Materials
Block, Frame
Roof
Composition Shingle
Financial
Tax Year
2023
Taxes
$14,850
Map
Community
- Address1533 WABASH Avenue Springfield IL
- CitySpringfield
- CountySangamon
- Zip Code62704
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