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1 W Old State Capitol Plz
Springfield, IL 62701

Price Upon Request

Office For Sale  •  107,000 SF

Property Details

• Property Type Office
• Total Building Size 107,000 SF
• Building Class B
• Year Built 1925
• Tenancy Multiple
• Zoning S-3

49 Transit Score

84 Walk Score

Highlights

107,871-Square-Foot, 10-story Office building in highly desirable, low vacancy Office market

Priced to sell substantially below replacement cost, well maintained with building improvements completed in 2016

Value-Add, 33% occupied by (20) Tenants with existing rents averaging below current market rates

Opportunity for a new owner to capitalize on this location and potential for mixed-use or residential conversion

Located in Springfield, the largest city in central Illinois with a population of 112,544 residents

AUCTION SITE: https://rimarketplace.com/auction/2274/illinois-107-000-sf-value-add-office-strong-tenant-history?utm_source=costar

Amenities

• Bus Line
• Commuter Rail
• Conferencing Facility
• Property Manager on Site
• Security System
• Storage Space
• Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Springfield (Lincoln Service - Amtrak, Lincoln Service Missouri River Runner - Amtrak, Texas Eagle - Amtrak)	1 min	3 min	0.2 mi
Airport	Drive	Walk	Distance
Abraham Lincoln Capital	10 min	-	4.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes