All-Brick Professional Office
For Sale
Contact for pricing
1610 S 6th St, Springfield, IL 62703
All-brick office building with main-floor private offices, conference rooms, and a finished lower level, plus ADA access and 15 parking spaces.
Property Size3,640 SF
Price / SF$157.97
Days on Market521
Property Features for 1610 S 6th St
General Information
Standard status
Active
Size
3,640 SF
Total Parking Spaces
15
Property subtype
OFFICE
Additional Details
Traffic Count
14,600 vehicles/day
Amenities
private offices
conference rooms
file rooms
break room
ADA ramp
rest rooms
Listing Agency:
Todd P Smith Commercial Real Estate
(217) 441-8000
Listed By:
Todd P. Smith · License #471004523
Source:
Moodyscre
Added: Feb 24, 2025
Changed: Jul 28
Last Checked: Jul 30 at 1:06PM
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 well maintained all-brick professional office building offers approximately 3,600 square feet on the main floor and approximately 1,800 square feet in the lower level. The main level includes several private offices, conference rooms, file rooms, and a break room. The lower level features usable finished areas, along with one unfinished storage room. An ADA ramp and rest rooms are included, and the site provides 15 parking places with one designated handicap-accessible space.
The property is set in a central location on a major thoroughfare with a monument sign in the front yard. Nearby businesses listed include Hanson Professional Services, Evan-Lloyd Architects, Bailey Family Insurance, McDonald's, Walgreens, Moto Mart Gas/c-store, and Grab-a-Java.
The building’s configuration supports multiple office and meeting spaces across two levels, with parking available on site for daily tenant access.
The property is set in a central location on a major thoroughfare with a monument sign in the front yard. Nearby businesses listed include Hanson Professional Services, Evan-Lloyd Architects, Bailey Family Insurance, McDonald's, Walgreens, Moto Mart Gas/c-store, and Grab-a-Java.
The building’s configuration supports multiple office and meeting spaces across two levels, with parking available on site for daily tenant access.
Key Highlights
- All‑brick professional office building with +/−3,600 SF on the main floor and +/−1,800 SF in the lower level
- Main floor includes private offices, conference rooms, file rooms, and a break room
- Lower level offers finished usable areas plus one unfinished storage room
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.9k | $21.96 |
| − Vacancy | −$16.0k | −$4.39 |
| EGI | $63.9k | $17.57 |
| − OpEx | −$16.0k | −$4.39 |
| NOI | $48.0k | $13.18 |
3,640 SF · lease $21.96/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$685.2K
$599.5K – $799.4K
NOI $47,961 @ 7.0% cap · market cap 8.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$893.7K
$782.0K – $1.04M
NOI $62,558 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
14,600 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - All-brick office building with main-floor private offices, conference rooms, and a finished lower level, plus ADA access and 15 parking spaces.
Where is this office building located?
The property is located at 1610 S 6th St Springfield, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: All‑brick professional office building with +/−3,600 SF on the main floor and +/−1,800 SF in the lower level; Main floor includes private offices, conference rooms, file rooms, and a break room; Lower level offers finished usable areas plus one unfinished storage room
