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Mixed-Use Building with Apartments
New
For Sale
$450,000

1439 STEVENSON Drive, Springfield, IL 62703

Commercial Sale, Springfield, IL

Property Size5,989 SF
Price / SF$75.14
Days on Market1

Property Features for 1439 STEVENSON Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-1
Directions Stevenson Drive across the street from Bunn
Standard status Active
APN 22100479016

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8127

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas, Electric (Heating)
Cooling system Central Air, Wall/Window Unit(s), Window Unit(s)

Building Details

Floors in Building 2
Flooring type Tile, Concrete, Carpet
Building materials Brick
Roof type Composition
Listing Agency: RE/MAX Professionals · RE/MAX International
Listed By: Melissa Vorreyer · License #475100751
Added: Oct 5 Last Checked: Oct 5 at 6:06PM
MLS# CA1046957

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,989-square-foot mixed-use property contains three distinct office areas and two apartments on the upper floor. The residential units have separate outdoor entrances: one is configured as a one-bedroom, one-bath apartment, and the other has two bedrooms and one bath. Brick construction and a history of remodeling and improvements complete the building’s physical profile.

Most of the property is leased, while approximately 1,700 square feet is vacant and available for occupancy or a new tenant. The property is on Adlai Stevenson Drive in Springfield and carries B-1 zoning.

Key Highlights

  • 5,989‑square‑foot mixed‑use property
  • Three separate office spaces and two upstairs apartments
  • Apartment mix: one‑bedroom/one‑bath and two‑bedroom/one‑bath

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Plumbing Service Parking Lot & Garage

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

Lease Details

3
Office units
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

329
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A combination of office suites and upstairs apartments creates multiple established income streams alongside space for occupancy.
Where is this mixed-use property located?
The property is located at 1439 STEVENSON Drive Springfield, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 5,989‑square‑foot mixed‑use property; Three separate office spaces and two upstairs apartments; Apartment mix: one‑bedroom/one‑bath and two‑bedroom/one‑bath
More about this property
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