8 Old State Capitol Plaza
Springfield, IL, 62701
$499,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #RMACA1047138 image #0
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 Details

Price:
$499,000
MLS #:
RMACA1047138
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Oct 14, 2026
Total Sq Ft:
4,200

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Schools

Interior

Cooling
Central Air, Multi Units
Flooring
Carpet, Tile, Wood
Heating
Forced Air, Individual Unit
Levels
Three Or More

Exterior

Construction Materials
Concrete, Stone
Roof
Tar/Gravel

Financial

Tax Year
2025
Taxes
$12,060

Map

Community

Market Summary

Current real estate data for Commercial in Springfield as of Nov 03, 2026
163
Commercial Listed
940
Avg DOM
$684,388
Avg List Price

Property Summary

    8 Old State Capitol Plaza Springfield IL is a Commercial for sale in Springfield, IL, 62701. It is listed for $499,000 To schedule a showing of MLS#rmaca1047138 at 8 Old State Capitol Plaza in Springfield, IL, contact your Phil Dressen Realtors agent at (217) 254-9223.

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8 Old State Capitol Plaza
Springfield, IL