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Office Building with Development Land
For Sale
$395,000

3055 S 4th Street, Springfield, IL 62703

Spacious office property with newer HVAC, substantial parking, and additional land for development opportunities.

Property Size4,756 SF
Lot Size3.84 Acres
Price / SF$83.05
Days on Market98

Property Features for 3055 S 4th Street

General Information

Standard status Active
Size 4,756 SF
Total Parking Spaces 22
Lot size 3.84 Acres
Property subtype Commercial
Zoning R3

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $11,369

Building Details

Building Size 4,756 SF
Year Built 1955
Buildings 1
Listing Agency: The Real Estate Group, Inc.
Listed By: Rebecca Hendricks · License #475101139
Source: Craggsrealtors
Added: May 13 Changed: Aug 15 Last Checked: Aug 17 at 10:02PM

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 The Real Estate Group, Inc.

Investment Insights

Based on property information with market context.

This office building provides 4,756 square feet of office space on a 3.84-acre property. The HVAC system is newer, and the site includes substantial parking. Lots 1, 2, and 4 are included in the sale, adding land beyond the existing office improvements.

The property is located at 3055 S 4th Street in the Village of Southern View, near South 6th St, Stevenson Drive, and the I-55 and I-72 interchange. R3 zoning applies to the property. Built in 1955, the site combines an established office building with additional land identified for development opportunities.

Key Highlights

  • 4,756 SF office building on 3.84 acres
  • Lots 1, 2, and 4 included
  • Newer HVAC system

Property Analytics

Current Use

Wxaj Radio Station WCVS-FM 96.7 BOB ... Radio Station WXAJ-FM 99.7 The MIX Radio Station Channel1450.com Newspaper & Magazine WFMB-AM Sports Radio ... Radio Station

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith Bakery Grocery & Convenience Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

633
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?
Office building - Spacious office property with newer HVAC, substantial parking, and additional land for development opportunities.
Where is this office building located?
The property is located at 3055 S 4th Street Springfield, IL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 4,756 SF office building on 3.84 acres; Lots 1, 2, and 4 included; Newer HVAC system
More about this property
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