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Mixed-Use Property with Overhead Door
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1401 S 5th St, Springfield, IL 62703

Two-level property combines divided rooms, large work areas, apartments, and a private office.

Property SizeContact for details
Days on Market143

Property Features for 1401 S 5th St

General Information

Standard status Active
Property subtype Office
Listing Agency: Keller Williams Capital
Listed By: James Skeeters · License #475097981
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:38PM

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 Keller Williams Capital

Investment Insights

Based on property information with market context.

Located at 1401 S 5th St, this mixed-use property provides a varied two-level layout for business and residential occupancy. The main floor includes multiple divided rooms along with two larger rooms, each arranged for flexible use. One of the larger rooms includes a 10x10 overhead door that supports loading and unloading supplies. The main floor was previously used as a music studio.

The second floor contains two large apartments and one private office, adding residential and office components within the same property. Its position offers access to both Interstate and Downtown areas, providing a practical setting for an operation requiring multiple types of space.

Key Highlights

  • Mixed‑use configuration with business and residential components
  • Main floor includes multiple divided rooms and 2 large rooms
  • 10x10 overhead door supports loading and unloading supplies

Property Analytics

Current Use

Hiso Music Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Nail Salon Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines divided rooms, large work areas, apartments, and a private office.
Where is this mixed-use property located?
The property is located at 1401 S 5th St Springfield, IL.
What are key features of this property?
This property features: Mixed‑use configuration with business and residential components; Main floor includes multiple divided rooms and 2 large rooms; 10x10 overhead door supports loading and unloading supplies
(217) 971-6775 Call to check price and availability
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