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    1106 E Ash St Springfield, IL 62703

    Sponsored
    For Sale
    $125,000

    COMMERCIAL - Springfield, IL

    Lot size:
    0.12 Acres
    Days on Market:
    160
    Last Refresh:
    Jan 5 at 9:06 am

    Property Features for 1106 E Ash St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B1
    APN
    22-03.0-330-002
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Brick, Block
    Roof type
    Flat

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Inar Kattom

    Listing date Jul 30, 2025

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Springfield, IL

    This property features commercial land located in Springfield, Illinois. The site is zoned B1. The lot size is 0.12 acres. A brick commercial building is present on the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.640443
    Latitude
    39.779112

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with B1 zoning in Springfield, Illinois.
    Where is this commercial land located?
    The property is located at 1106 E Ash St Springfield, IL.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Zoned B1, allowing for a variety of business uses; - Durable brick and block construction; - Central air conditioning
    (217) 891-9304
    Request Owner's contact information
    1106 E Ash St Springfield, IL 62703
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    Springfield, IL 62703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1106 E Ash St Springfield, IL 62703
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