6444 6Th StSpringfield, IL 62712

  • Commercial real estate
  • 0.99 AC
For Sale
$399,000 View listing

Property Details for 6444 6Th St

Lot size
0.99 AC
Property type
Commercial real estate
APN
22-34.0-177-009
APU
22340177009

Description

This 10,600-square-foot flex building in Springfield, Illinois, offers a unique blend of office and warehouse space, ideal for a variety of businesses. Situated on a 1.06-acre lot at 6444 S 6th Street Frontage Rd E, this single-tenant property boasts high visibility due to its proximity to Interstate 55, experiencing 43,600 AADT traffic counts. Built in two phases (1979 and 1999), the building features a mix of modern and functional spaces. The office area includes a reception area, four large conference rooms, thirteen private offices, two break rooms, and ample open workspace. A dedicated server room with an IT rack and mini-split system is also included. The warehouse component, totaling up to 8,000 square feet (per use variance), features an 8'x8' overhead door, perfect for receiving and storage. The property includes 28 parking spaces. The building is classified as Class C and benefits from a 1999 renovation. Property taxes are $1.22 per square foot. Zoned R-5b (General Residence & Office District with a use variance), this location offers convenient access to Interstate 55, University of Illinois Springfield, and various retail and residential areas. The property is priced below market value. This is a rare opportunity to acquire a versatile commercial property in a prime Springfield location. The building consists of two structures on one lot.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,228,614
    Hospitality
    $12,117,339
    Educational
    $10,081,484
    Medical
    $10,428,201
    Retail
    $15,682,308
6444 6Th St, Springfield, Illinois

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7082
Longitude
-89.6423
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
$12,944
$37,262
$131,304
$168,566
-
$111,786
$393,912
$505,698

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