1610 6Th StSpringfield, IL 62703

  • Commercial real estate
  • 0.42 AC
For Sale
$575,000 View listing

Property Details for 1610 6Th St

Lot size
0.42 AC
Property type
Commercial real estate
APN
22-03.0-108-025
APU
22030108025

Description

This single-tenant office building at 1610 S 6th St, Springfield, IL 62703, offers 3,600 square feet of leasable space, distributed between a main floor and a lower level. The main floor features several private offices and a conference room, ideal for a variety of professional uses. The lower level provides additional finished space, along with one unfinished storage room. The building is well-maintained, constructed of brick, and includes an ADA-compliant ramp and restrooms. Ample parking is available with 15 spaces, plus one handicapped-accessible space. The property is zoned R5-B (City of Springfield) and has an APN of 22-03.0-108-025. Its central location on a major thoroughfare provides excellent visibility and accessibility, with high traffic volume (14,600 cars daily) ensuring prominent exposure via a monument sign. Nearby businesses include Hanson Professional Services, Evan-Lloyd Architects, Bailey Family Insurance, McDonald's, Walgreens, Moto Mart, and Grab-a-Java. The total building size is 5,400 square feet, situated on a single-story building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,613,234
    Hospitality
    $5,141,692
    Educational
    $4,277,828
    Medical
    $4,424,948
    Retail
    $6,654,398
1610 6Th St, Springfield, Illinois

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7846
Longitude
-89.6479
CBSA code
44100
CBSA name
SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,940
$53,162
$104,513
$157,675
-
$159,486
$313,539
$473,025

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