Illinois | 107,000 SF Value-Add Office | Strong Tenant History

For Sale

1 W Old State Capitol Plz, Springfield, IL 62701

This Springfield property for sale is located at 1 W Old State Capitol Plz. Contact the listing broker for details on the current sale price for Illinois | 107,000 SF Value-Add Office | Strong Tenant History. Illinois | 107,000 SF Value-Add Office | Strong Tenant History is situated on a lot that is 1.3 acre in size.

Contacts

broker
Doug Clark

RealINSIGHT Marketplace

Property Details

  • Property Type Office
  • Property Size 107,871 SF
  • Lot Size 1.3 Acre
  • Date Updated Jan 20, 2025

https://rimarketplace.com/auction/2274

107,871-Square-Foot, 10-story Office building in highly desirable, low vacancy Office market

Priced to sell substantially below replacement cost, well maintained with building improvements completed in 2016

Value-Add, 33% occupied by (20) Tenants with existing rents averaging below current market rates

Auctioneer: Scott Bowers

Auctioneer License: 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 84/100

    Walk Score ®

  • 48/100

    Transit Score ®

  • 78/100

    Bike Score ®

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Location

  • City Springfield, IL
  • Neighborhood Downtown Springfield
  • Zip Code 62701
  • Market Chicago

Points of Interest

  • Springfield

    0.11 miles

  • Marathon

    0.55 miles

  • Gas Depot

    0.92 miles

  • Citgo

    0.94 miles

  • Qik-N-EZ

    0.99 miles

  • Moto Mart

    1.03 miles

  • BP

    1.10 miles

  • Casey's General Store

    1.21 miles

  • Express Mart

    1.42 miles

  • Circle K

    1.51 miles

  • Blink

    2.86 miles

  • Municipal Parking

    0.07 miles

  • Monthly Parking

    0.15 miles

  • Bank of Springfield Center Parking

    0.20 miles

  • Municipal Parking Deck

    0.24 miles

  • Mason Street Parking Ramp

    0.26 miles

  • Herndon Parking Ramp

    0.26 miles

  • Sangamon County Parking Lot

    0.30 miles

  • Christ Church Parking

    0.32 miles

  • Sangamon Towers Resident & Guest Parking

    0.33 miles

  • Madison Street Parking Lot

    0.35 miles

  • President Abraham Lincoln Hotel, Doubletree by Hilton

    0.22 miles

  • Wyndham Springfield City Centre

    0.23 miles

  • State House Inn, Trademark Collection by Wyndham

    0.25 miles

  • Statehouse Inn

    0.26 miles

  • Mansion View Inn

    0.36 miles

  • Carpenter Street Hotel

    0.38 miles

  • Pasfield House Inn

    0.58 miles

  • Inn at 835

    0.65 miles

  • Howard Johnson Inn & Suites Springfield

    1.63 miles

  • Shamrock Motel

    2.45 miles

  • The Keep Store

    0.11 miles

  • County Market

    0.38 miles

  • Humphrey's Market

    1.52 miles

  • Save-A-Lot

    1.70 miles

  • Robert's Seafood Market

    1.70 miles

  • Hy-Vee

    2.06 miles

  • JCPenney

    2.35 miles

  • Schnucks

    2.41 miles

  • Little World International

    2.60 miles

  • Big Lots

    3.54 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Doug Clark

RealINSIGHT Marketplace

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