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    2056 S Macarthur Blvd Springfield, IL 62704

    For Sale
    $150,000

    Office property with utilities and vacant lots for sale.

    Property size:
    2,850 SF
    Lot size:
    0.42 Acres

    Property Features for 2056 S Macarthur Blvd

    General Information

    Size
    2,850 SF
    Lot size
    0.42 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent Jay Sikorski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Property on Macarthur Boulevard

    This property includes a house with all utilities in place, along with two vacant lots to the south. The total area encompasses 0.42 acres, featuring 120 feet of frontage and a depth of 154 feet. The location benefits from a traffic count of 17,400. The property size is 2,850 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.668156
    Latitude
    39.776949

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    FAQs

    What type of property is this?
    Office Property / Space - Office property with utilities and vacant lots for sale.
    Where is this office property / space located?
    The property is located at 2056 S Macarthur Blvd Springfield, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Includes two vacant lots, expanding the property to 0.42 acres; - Existing house on the site with all utilities in place; - Significant road frontage of 120 feet
    (217) 369-6643
    Request Owner's contact information
    2056 S Macarthur Blvd Springfield, IL 62704
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    Springfield, IL 62704
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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
    2056 S Macarthur Blvd Springfield, IL 62704
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