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509-511 W Capitol Avenue Springfield, IL 62704 • Commercial - Office • Active

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Description

FOR SALE: 43,920 SF +/- three-story commercial property located near the Capitol Complex and Downtown Springfield. It was most recently a multi-floor office building for a state agency, and could accommodate large corporate, governmental, institutional, nonprofit, or professional office users. The property has several points of entry, multiple offices/huddle rooms/training rooms, two passenger elevators, a fire sprinkler system, and a combination of surface and secure underground parking spaces. Convenient access to State offices, medical groups (Memorial, HSHS, SIU, Springfield Clinic), City and County govt, and numerous legal, lobbying, association financial, and professional service organizations.

Property Highlights

Property Type: Commercial - Office
Building Description: 3.0 stories
Available Sqft: 43920
Year Built: 1987

General Information

County: Sangamon
Listed By:
Coldwell Banker Commercial Dev
RMLSA
$1,300,000
Est. $9,195/mo
New to the Market Active
SQUARE FEET43,920 MLS#CA1047660
STATUSActive PROPERTY TYPECommercial - Office
TOUR PROPERTY

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Shown By

Eric Thompson
 (515) 509-1438

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509-511 W Capitol Avenue, Springfield, IL 62704.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,300,000$1,300,000$1,300,000
Down Payment $45,500$0$260,000
Monthly Mortgage Amount $8,385$8,613$7,007
Taxes $1809$1809$1809
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $780$0$0
Monthly Estimated Total $11,353$10,801$9,195

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