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    1227 S 9Th St Springfield, IL 62703

    For Sale
    $299,000

    Commercial - Springfield, IL

    Property size:
    3,500 SF
    Days on Market:
    460
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 1227 S 9Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-1
    APN
    14340383025
    Size
    3,500 SF

    Building Details

    Architectural style
    Other

    Keller Williams Capital (217) 553-4368 [email protected]

    Listing agent James Skeeters (217) 303-8445 License #475097981

    Listing date Sep 3, 2024

    MLS# CA1014798 Listing URL

    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

    Springfield Office Building For Sale

    This Springfield office building, totaling 3,500 square feet, is zoned B-1. It is mostly split in half and currently has one tenant with a new 5-year lease. The property features a large concrete parking lot. Located just south of downtown Springfield, it offers convenient access to I-55 and I-72. There is room to expand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MedMark Treatment Centers ... Addiction Treatment Center Springfield Treatment Center Addiction Treatment Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.644238
    Latitude
    39.788398

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    FAQs

    What type of property is this?
    Office building - Office building with a tenant, near downtown Springfield.
    Where is this office building located?
    The property is located at 1227 S 9Th St Springfield, IL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Excellent Springfield office building.; - New 5-year lease in place with existing tenant.; - Income property with expansion potential.
    (217) 303-8445
    Request Owner's contact information
    1227 S 9Th 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
    1227 S 9Th St Springfield, IL 62703
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