3650 Winchester RdSpringfield, IL 62707

Property Details for 3650 Winchester Rd

Lot size

0.96 AC

Property type

Commercial real estate

APN

15-18.0-477-013

APU

15180477013

Description

This 5,000-square-foot Class B warehouse, located at 3650 Winchester Rd, Springfield, IL 62707, presents a compelling investment opportunity. The property, identified by APN 15180477012, sits on a large lot with a substantial fenced area suitable for truck or equipment storage. Currently vacant, this single-unit building offers significant potential for various uses, including warehouse or office space. The property is zoned I1, allowing for redevelopment possibilities. The asking price is $471,700, representing a price per unit of $471,700. The building's 5,000 square feet of net rentable space is available for immediate occupancy. A modified gross lease is also available at $4,500 per month. The property enjoys convenient access to Interstates 55 and 72, providing excellent transportation links. Additional build-out options are negotiable, offering flexibility for prospective tenants or owners. This is an exceptional opportunity to acquire a well-located industrial property with significant upside potential in a thriving area.

• Alternative Use

  Use

  Valuation

  Residential

  $12,806,013

  Hospitality

  $11,730,239

  Educational

  $9,759,421

  Medical

  $10,095,063

  Retail

  $15,181,322

Location Insight

City

Springfield

County

Sangamon

State

Illinois

Latitude

39.8327

Longitude

-89.5799

CBSA code

44100

CBSA name

SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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