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    3100 Atlanta St Springfield, IL 62702

    Sponsored
    For Sale
    $1,100,000

    10,600 SF, High-Traffic Location, $1.1M

    Property size:
    10,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 10,600-square-foot commercial building in Springfield, Illinois, is available for purchase at $1,100,000. Constructed just ten years ago, the property is in excellent, like-new condition. Currently configured as a carpet and furniture store, its adaptable, open floor plan offers significant flexibility for a variety of uses. The high ceilings, ranging from 22 to 24 feet, provide ample vertical space. A significant advantage is the presence of approximately 50 off-street concrete parking spaces, a valuable asset for any business. The building's location is a key selling point, situated in a high-traffic area with numerous established national tenants. Its proximity to the soon-to-open Amazon Distribution Center further enhances its long-term growth potential and desirability. This presents a rare opportunity to acquire a well-maintained, spacious commercial property in a rapidly developing area of Springfield. The address is 3100 Atlanta Street. The property sits on a lot with no acreage listed. The building's excellent condition and strategic location make it an ideal investment for businesses seeking a prominent presence in a thriving commercial district.

    Property Features for 3100 Atlanta St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,600 SF

    Building Details

    Year Built
    2015
    Property Profile Location Intelligence

    Current Use by Public Records

    Carpet Weaver's Flooring ... Flooring Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.60574
    Latitude
    39.83588

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    FAQs

    What type of property is this?
    Commercial real estate - 10,600 SF, High-Traffic Location, $1.1M
    Where is this commercial real estate located?
    The property is located at 3100 Atlanta St Springfield, IL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    Request Owner's contact information
    3100 Atlanta St Springfield, IL 62702
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    Springfield, IL 62702
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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
    3100 Atlanta St Springfield, IL 62702
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