1439 Stevenson Drive, Springfield, IL 62703

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List Price
$450,000
MLS#
CA1046957
Status
ACTIVE
County
Sangamon
City
Springfield
Region
Springfield

Property Description

Excellent investment opportunity on highly visible Adlai Stevenson Drive! This well-maintained and extensively remodeled multi-use commercial property offers approximately 5,989 sq. ft. with multiple income-producing spaces already in place. The building features (3) separate office spaces plus (2) upper-level apartments with private exterior entrances—one 1-bedroom/1-bath unit and one 2-bedroom/1-bath unit. The majority of the property is currently leased, providing immediate rental income, while approx 1700sq. ft. remains available for an owner-user, additional tenant, office or other commercial use. The current owner has worked diligently to remodel and improve the property, creating an attractive and versatile building with numerous possibilities. Great opportunity for an investor looking for established rental income with additional upside, or a business owner who wants to occupy their own space while generating income from the remaining tenants. Must see to appreciate all this property has to offer!

Additional Information

Taxes
$8,127
Roof
Composition Shingle
Exterior
Brick
Water/Sewer
Municipal/City

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Melissa Vorreyer (melissaslistings@gmail.com) from Listing Office: RE/MAX Professionals.