2301 Monroe StSpringfield, IL 62704

Property Details for 2301 Monroe St

Lot size

1.33 AC

Property type

Commercial real estate

APN

14-31.0-277-030

APU

14310277030

Description

This exceptional commercial property, located at 2301 W Monroe Street in Springfield, Illinois, presents a unique investment opportunity. The property is zoned B-1 and features a single-tenant occupancy on a 1,329 square foot lot. The parcel's address is clearly identified as 2301 W Monroe Street, Springfield, IL 62704, with GPS coordinates of 39.7965983 latitude and -89.6937028 longitude. The property type is classified as both Land and Retail, making it suitable for a variety of commercial uses. The Assessor's Parcel Number (APN) is 14-31.0-277-030. This single-suite building offers a straightforward investment opportunity with potential for immediate income generation or redevelopment. Its location in Springfield, Illinois provides access to a robust local market and established infrastructure. The B-1 zoning designation offers flexibility for a range of commercial ventures. Serious inquiries are encouraged to explore the possibilities of this well-situated commercial land parcel. Further details regarding the property's history and potential uses are available upon request. This is a rare opportunity to acquire a strategically located commercial property in a thriving Illinois market.

• Alternative Use

  Use

  Valuation

  Residential

  $17,741,556

  Hospitality

  $16,251,170

  Educational

  $13,520,782

  Medical

  $13,985,783

  Retail

  $21,032,328

Location Insight

City

Springfield

County

Sangamon

State

Illinois

Latitude

39.7965

Longitude

-89.6936

CBSA code

44100

CBSA name

SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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