118 Edwards StSpringfield, IL 62704

  • Commercial real estate
  • 0.07 AC
For Lease
$3.43/SF/YR View listing

Property Details for 118 Edwards St

Lot size
0.07 AC
Property type
Commercial real estate
APN
14-33.0-283-001
APU
14330283001

Description

This exceptional commercial property at 118 W Edwards Street in Springfield, Illinois, offers a unique opportunity for a single tenant. Located in the heart of downtown, directly across from the Capitol Complex, this property boasts convenient onsite parking. The building, encompassing approximately 3,500 square feet, is situated on a land parcel with APN 14330283001 and is zoned R-5. The building features a single suite spread across two floors. The second floor, which comprises the majority of the space, is ADA compliant and offers a mostly open floor plan, ideal for flexible office configurations. Several existing cubicles are available for immediate use, providing a convenient starting point for your business. The lease is a modified gross lease, offering a streamlined approach to occupancy costs. This property presents a rare chance to establish a presence in a highly desirable downtown location with excellent visibility and accessibility. The motivated seller is eager to find the right tenant to occupy this well-situated and versatile space. The property's address is 118 W Edwards Street, Springfield, IL 62704.

118 Edwards St, Springfield, Illinois

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.796
Longitude
-89.6557
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
$12,096
$17,065
$119,756
$136,821
-
$51,195
$359,268
$410,463

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