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Multi-Level Office Building
For Sale
$395,000

1300 S 8TH Street, Springfield, IL 62703

Commercial Sale, Springfield, IL

Property SizeContact for details
Lot Size0.28 Acres
Days on Market481

Property Features for 1300 S 8TH Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-1
Parking 29
Directions 8TH STRET SOUTH TO JUST SHY OF SOUTH GRAND
Standard status Active
APN 14340387022
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See County records
Tax Annual Amount 9259
Legal Description See County records

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

6 bathrooms
3 kitchenettes
private offices
storage

Building Details

Year built 1985
Floors in Building 2
Flooring type Tile, Carpet
Building materials Brick, Frame
Roof type Composition
Listing Agency: Keller Williams Capital · Keller Williams Realty
Listed By: Philip Chiles · License #471018443
Added: Jun 3, 2025 Changed: Sep 15 Last Checked: Sep 26 at 7:06PM
MLS# CA1036875

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This office building offers multiple levels with numerous private offices, substantial storage areas, six bathrooms, and three kitchenettes. The 1985 property has tile and carpet flooring, central air conditioning, forced-air heating, and a composition roof. Public sewer service supports the building, which is situated on a 0.2815-acre parcel.

Zoned B-1, the property is located near downtown Springfield. Its multi-level layout and existing office configuration provide several distinct areas within the building, with space that can accommodate a range of office arrangements and subletting options.

Key Highlights

  • Multiple‑level office building with numerous private offices and substantial storage
  • Six bathrooms and three kitchenettes
  • 0.2815‑acre parcel near downtown Springfield

Property Analytics

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Current Use

Young Law Partners, ... Law Firm Lighthouse Financial & Consulting ... Financial Advisor Eveloff Law Offices Law Firm Linder Law Office ... Law Firm

Suggested Use

Top Pick Storage Facility Gym & Fitness Center Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,695
Businesses Nearby

Demographics for 62703, IL

28,344
Population
14,320
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
14.9 sq mi
ZIP Area
1,902
Density / Sq Mi
$44,580
Median Household Income
$36,345
Median Earnings
$971
Median Rent
$93,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - B-1-zoned office property with private offices, storage areas, and multiple kitchenettes.
Where is this office building located?
The property is located at 1300 S 8TH Street Springfield, IL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Multiple‑level office building with numerous private offices and substantial storage; Six bathrooms and three kitchenettes; 0.2815‑acre parcel near downtown Springfield
More about this property
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