2040 Hill Meadows DrSpringfield, IL 62702

For Sale
$230,400
Spacious office building, needs renovation, 1.46 acres.

Overview

Added:
Feb 3
Days on market:
72
This 24,600 square foot, two-level office building located at 2040 Hill Meadows Drive, Springfield, IL, presents a unique investment opportunity. Situated on a 1.46-acre lot, the property boasts a tranquil setting overlooking Timberbrook Park and its wooded surroundings. The exterior is constructed of split-faced concrete block, providing a durable and low-maintenance facade. Ample parking is available on-site for tenants and visitors. The interior features drop ceilings, though ceiling heights vary throughout the building. Convenient access is provided by a two-stop elevator and two interior staircases. Each floor includes two finished restrooms. The roof is relatively new, having been replaced approximately three years ago. It is important to note that the building is currently not showable due to mold contamination. The property is being sold "as-is, where-is, and with all faults," meaning the buyer assumes all responsibility for any necessary repairs or remediation. No representations or warranties are made regarding the functionality of any building systems. This presents a significant opportunity for a buyer willing to undertake a renovation project in a desirable location.

Property Details for 2040 Hill Meadows Dr

Property type
Commercial real estate
Square Feet
24,600 SF
Year Built
1985
Lot Size (sq. ft)
63,598 SF

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.80476
Longitude
-89.68861
2040 Hill Meadows Dr, Springfield, Illinois

FAQs

What type of property is this?
Commercial real estate - Spacious office building, needs renovation, 1.46 acres.
Where is the commercial real estate located?
The property is located at 2040 Hill Meadows Dr Springfield, IL.
What is the asking price?
The asking price for this property is $230,400.
How can I contact the broker?
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2040 Hill Meadows Dr
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