427 MONROE Street, Springfield, IL 62701
Sangamon County
Key Facts
Description
Excellent office space located on a prime corner in downtown Springfield. Third floor suites available. Ideal location for lobbyist, attorney, architect, accountant or any other professional needing downtown office space. Ground level retail space available! 6,000 sq. ft. of entertainment space featuring an open floor plan, 2 bars, a stage, and 2 outdoor seating areas. Other reputable tenants in the building. Call for more details. Listing agent has a financial interest in the property. Area Property is located on the corner of 5th and Monroe in the heart of downtown Springfield. Just 3 blocks from the State Capitol and Amtrak station, next door to the post office and 3 banks are within 1-2 blocks. Multiple restaurants and gift shops also minutes away. Building is approx. 1 mile to Memorial Medical Center, St. John’s Hospital and other facilities in the Medical District.
Property Information
Property Type
Commercial Sale
Living Area
18,000 sq ft
Lot Size
0.50 acres
Zoning
S-3
Days on Market
571
MLS® Listing#
CA1034952
Property Features
Cooling
Heating
Flooring
Construction
Roof
Sewer
Financial Details
HOA
Yes
Annual Taxes
$23,059
Tax year 2024
Parcel Number
14340107051
Directions
Northwest corner of 5th and Monroe.
Affordability Calculator
$120,000
Estimated monthly payment
$3,193/mo
Principal $480,000 · Est. interest $669,643 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Springfield, IL
- 38
- Median Days on Market
- 1,827
- Median Sq Ft
- $112
- Median Price / Sq Ft
- 176
- Active Listings
- Its price per sq ft is 70% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Springfield, IL.
Location
Map is currently unavailable for this location.
Points of Interest in Springfield, IL
Showing the Springfield area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
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 | $417,000 | 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
Listing Courtesy: The Real Estate Group, Inc. - Mobl: 217-553-7022
Presented by: Curtis D Tillett