227 E ADAMS Street, Springfield, IL 62701
Sangamon County
Key Facts
Description
A rare opportunity in Downtown Springfield, IL with so many possibilities! Drive up to the covered canopy entrance, then make use of the many designated areas within the building. A beautiful reception area leads into the two-story main hall and mezzanine with a wall of arched windows that overlooks one of the three outdoor patio areas with a water fountain. There is onsite parking and the spaces throughout the building include large and small gathering spaces, offices, entertainment areas, a main kitchen, other smaller kitchen workspaces, and two elevators. This property has a wonderful atmosphere, blending sophistication with functionality. Property being sold by judicial order and any sale shall be subject to court approval. Broker is the court appointed special selling officer. FF&E is not included in the sale. The real property is being sold "as is", "where is" and "with all faults", without any representation or warranty whatsoever as to its condition, status of title, fitness for any particular purpose, merchantability or any other warranty, express or implied.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1920
Living Area
29,168 sq ft
Lot Size
0.83 acres
Zoning
S-3
Days on Market
593
MLS® Listing#
CA1029096
Property Features
Cooling
Flooring
Construction
Roof
Financial Details
Annual Taxes
$35,604
Parcel Number
14340102037
Directions
5th Street to Adams. Turn right (west) on Adams. Two blocks and building is on the right.
Affordability Calculator
$119,800
Estimated monthly payment
$3,188/mo
Principal $479,200 · Est. interest $668,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Springfield, IL
- 38
- Median Days on Market
- 1,836
- Median Sq Ft
- $114
- Median Price / Sq Ft
- 173
- Active Listings
- Its price per sq ft is 82% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Springfield, IL.
Location
Points of Interest in Springfield, IL
Showing the Springfield area map.
Nearby Schools
Springfield High School
Secondary · 0.4 mi away
Douglas School
Secondary · 0.6 mi away
Cathedral School
School · 0.6 mi away
McClernand Elementary School
Elementary · 0.7 mi away
Lincoln Magnet School
Secondary · 0.7 mi away
Graham Elementary School
Elementary · 0.8 mi away
Trinity Lutheran School
Elementary · 0.9 mi away
Siu School of Medicine
School · 0.9 mi away
Enos Elementary School
Elementary · 0.9 mi away
Dubois Elementary School
Elementary · 1.0 mi away
Sacred Heart-Griffin High School
Secondary · 1.1 mi away
Feitshans Elementary School
Elementary · 1.2 mi away
Springfield Learning Academy
School · 1.2 mi away
Lawrence Education Center
Secondary · 1.2 mi away
St Joseph Church
School · 1.3 mi away
St Agnes School
School · 1.3 mi away
Lanphier High School
Secondary · 1.3 mi away
Blessed Sacrament School
School · 1.4 mi away
Sacred Heart Griffin Gymnasium
School · 1.5 mi away
Iles Elementary School
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3151 ROBBINS Road 9-027, Springfield, IL | $421,879 | — | — | — |
| 235 N English Avenue, Springfield, IL | $425,000 | — | — | 2,400 |
| 4 Sebring Road, Springfield, IL | $435,000 | 4 | 4 | 3,835 |
| 3600 Hoylake Drive, Springfield, IL | $439,000 | 4 | 4 | 3,499 |
| 4351 Conestoga Drive, Springfield, IL | $440,000 | — | — | — |
| 2508 E COOK Street, Springfield, IL | $440,000 | — | — | 8,500 |
Moving Cost Estimate
EXIT Agents in Springfield
Last Updated: 2024-05-10