Fully Leased Commercial
For Sale
Contact for pricing
1533-1535 Wabash Ave, Springfield, IL
Fully leased commercial property in Springfield, IL with strong income.
Property Size8,364 SF
Lot Size0.58 Acres
Price / SF$54
Days on Market506
Property Features for 1533-1535 Wabash Ave
General Information
Standard status
Active
Size
8,364 SF
Lot size
0.58 Acres
Property subtype
RETAIL
Listing Agency:
Todd P Smith Commercial Real Estate
(217) 441-8000
Listed By:
Todd P. Smith · License #471004523
Source:
Moodyscre
Added: Mar 14, 2025
Changed: Jul 10
Last Checked: Jul 21 at 5:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Todd P Smith Commercial Real Estate
Investment Insights
Based on property information with market context.
This fully leased commercial property is located off Wabash Ave in Springfield, IL. The location benefits from a traffic count of 25,400. The property is fully leased and generates strong monthly income from two retail businesses, a billboard, and parking rent from a nearby company. The property's tenants benefit from the current sales tax rate of 8.25%, enhancing its appeal as a retail location. The property size is 8,364 square feet.
Key Highlights
- Fully leased commercial property providing immediate income.
- Prime location off Wabash Ave with high traffic count (25,400).
- Diverse tenant base including retail businesses, billboard, and parking.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased commercial property in Springfield, IL with strong income.
Where is this shopping center located?
The property is located at 1533-1535 Wabash Ave Springfield, IL.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Fully leased commercial property providing immediate income.; Prime location off Wabash Ave with high traffic count (25,400).; Diverse tenant base including retail businesses, billboard, and parking.