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8 Old State Capitol Plaza Springfield, IL 62701 • Commercial - Business • Active

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Description

Rare Downtown Investment Opportunity grossing $91,000 annually. Own a piece of historic Springfield with this meticulously maintained mixed-use property located right on Old State Capitol Plaze. The main floor features a commercial office with long term lease already in place through 2028 featuring 5 offices, a conference room and reception area. Upstairs, discover two beautifully updated, fully furnished residential units. Both apartments currently operate as high-performing short-term rentals with a proven, turnkey track record of impressive occupancy rates and exceptional cash flow. Situated steps away from the Old State Capitol, this property is ideal for a savvy investor looking to capitalize on a seamless, multi-stream revenue generator. Location, history, and verified profitability?all in one package.

Property Highlights

Property Type: Commercial - Business
Building Description: 3.0 stories
Available Sqft: 4200

General Information

County: Sangamon
Listed By:
TBFS Investments Office: 217-666-2076
RMLSA
$499,000
Est. $3,429/mo
Active
SQUARE FEET4,200 MLS#CA1047138
STATUSActive PROPERTY TYPECommercial - Business
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Shown By

Amanda Weeks
 (563) 260-8767

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8 Old State Capitol Plaza, Springfield, IL 62701.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $499,000$499,000$499,000
Down Payment $99,800$17,465$124,750
Monthly Mortgage Amount $2,589$3,178$3,209
Taxes $694$694$694
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$220$0
Monthly Estimated Total $3,429$4,238$4,049

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