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740 E ASH Street, Springfield, IL 62703

Sangamon County

Key Facts

36,631Sq Ft
1965Year Built
2.39Lot (acres)

Description

FOR SALE OR LEASE: Large freestanding Class A office facility in a park-like setting just off S. 6th St. The current layout serves multiple uses, including several private offices, conference and training rooms, break areas, plenty of open work space, shipping/receiving, file storage, 6 sets of men’s and women’s restrooms, a central library and records room, print/copy room, and an IT/computer room. Additionally, the property features a fully operational wet sprinkler system, 450 AMP 3-Phase electric, and a 7’ x 7’ roll-up door. Perfect for local, state, federal agency or a large end-user. Property is in an Enterprise Zone.

Property Information

Property Type

Commercial Sale

Year Built

1965

Living Area

36,631 sq ft

Lot Size

2.39 acres

Parking Spaces

135

Zoning

S-2

Days on Market

742

MLS® Listing#

CA1028678

Property Features

Cooling

Central Air

Heating

Forced Air

Flooring

CarpetConcreteTile

Construction

BrickConcreteStuccoStone

Roof

FlatMembraneTar/Gravel

Security

Security System

Utilities

Water Connected

Sewer

Public Sewer

Water Source

Public

Financial Details

HOA

Yes

Annual Taxes

$55,339

Tax year 2024

Parcel Number

22-03.0-303-004

Directions

Near the intersection of S. 6th St and E. Ash St. Ingress/egress on south side of E. Ash St just west of the underpass.

Affordability Calculator

$360,000

Estimated monthly payment

$9,580/mo

Principal $1,440,000 · Est. interest $2,008,928 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Springfield, IL

$224,000
Median Listing Price
31
Median Days on Market
1,889
Median Sq Ft
$121
Median Price / Sq Ft
170
Active Listings
  • This home’s price is 704% above the area median.
  • Its price per sq ft is 59% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Springfield, IL.

Location

  • 740 E ASH Street, Springfield, IL 62703

Points of Interest in Springfield, IL

Showing the Springfield area map.

Nearby Schools

  • Springfield Learning Academy

    School · 0.5 mi away

  • Lawrence Education Center

    Secondary · 0.5 mi away

  • Early Learning Center

    School · 0.6 mi away

  • Harvard Park Elementary School

    Elementary · 0.6 mi away

  • Black Hawk Elementary School

    Elementary · 0.7 mi away

  • Iles Elementary School

    Elementary · 0.7 mi away

  • Feitshans Elementary School

    Elementary · 0.9 mi away

  • Blessed Sacrament School

    School · 1.0 mi away

  • Cathedral School

    School · 1.0 mi away

  • St. Patrick Catholic School

    School · 1.0 mi away

  • Butler Elementary School

    Elementary · 1.2 mi away

  • Southeast High School

    Secondary · 1.4 mi away

  • Lincoln Magnet School

    Secondary · 1.4 mi away

  • Franklin Middle School

    Secondary · 1.4 mi away

  • Jefferson Middle School

    Secondary · 1.4 mi away

  • Matheny Elementary School

    Elementary · 1.5 mi away

  • Springfield Ball Charter School

    Elementary · 1.5 mi away

  • Little Flower Catholic School

    School · 1.6 mi away

  • Graham Elementary School

    Elementary · 1.6 mi away

  • Sased Central School

    School · 1.7 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
4234 WABASH Avenue, Springfield, IL$1,300,000
949 Clocktower Drive, Springfield, IL$1,300,00010,500
600 E ADAMS Street, Springfield, IL$1,330,00015,651
4685 WABASH Avenue, Springfield, IL$1,435,000
0 Toronto Road, Springfield, IL$1,450,000
3243 MEADOWBROOK Avenue, Springfield, IL$1,450,00014,000

Moving Cost Estimate

EXIT Agents in Springfield

Listing Courtesy: Coldwell Banker Commercial Dev - 2175476650

Presented by: Blake Pryor

Based on information submitted to the MLS GRID as of 2024-04-22. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Capital Area Association of Realtors. MLS® Listing#CA1028678. © 2026EXIT Realty®. All rights reserved.