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    Fully Leased Commercial Property Title is generated by Realmo AI

    1533-1535 Wabash Ave, Springfield, IL

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    Fully leased commercial property in Springfield, IL with strong income.

    Type:RETAIL
    Property size:
    8,364 SF
    Lot size:
    0.58 Acres
    Price / SF:
    $54/SF
    Added:
    Mar 14, 2025
    Days on Market:
    460
    Last Refresh:
    May 20 at 8:51 pm

    Property Features for 1533-1535 Wabash Ave

    General Information

    Standard status
    Active
    Size
    8,364 SF
    Lot size
    0.58 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Todd P. Smith

    Listing agent Todd P. Smith License #471004523

    Listing office Todd P Smith Commercial Real Estate

    Listing date Mar 14, 2025

    Source Moodyscre

    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

    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.
    • Strong monthly income generation.
    • Located in Springfield, IL.
    • Benefits from 8.25% sales tax rate.

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.6796
    Latitude
    39.7642

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    FAQs

    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.
    (217) 441-8000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Todd P. Smith
    Real Estate License ID: 471004523
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