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Office Building with Development Land
For Sale
$395,000

3055 S 4TH Street, Springfield, IL 62703

Commercial Sale, Springfield, IL

Property SizeContact for details
Lot Size3.84 Acres
Days on Market125

Property Features for 3055 S 4TH Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R3
Parking 22
Directions Located at the corner of S 4th st & Garrett in Souther View
Standard status Active
Lot size 3.84 Acres

Taxes and HOA fees

Tax Annual Amount 11369

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1955
Floors in Building 3
Flooring type Carpet
Building materials Brick, Steel Frame
Roof type Rolled Hot Mop, Tar/Gravel
Listing Agency: The Real Estate Group, Inc.
Listed By: Rebecca Hendricks · License #475101139
Added: May 13 Changed: Sep 12 Last Checked: Sep 14 at 7:06PM
MLS# CA1043690

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 1955 brick office building offers over 4,700 square feet of office space on a 3.84-acre assemblage. The property includes carpeted interiors, central air, forced-air heating, a tar-and-gravel and rolled hot-mop roof, and a newer HVAC system. Public sewer serves the site, and the building has steel-frame construction behind its brick exterior.

The property is situated within the Village of Southern View near South 6th Street, Stevenson Drive, and the I-55 and I-72 interchange. The included parcels provide substantial land area beyond the existing office improvements, while on-site parking supports current building use. R3 zoning applies to the property.

Key Highlights

  • Over 4,700 square feet of office space in a 1955 brick building
  • 3.84 acres included across Lots 1, 2, and 4
  • Newer HVAC system with central air and forced‑air heating

Property Analytics

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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 Law Firm 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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Brick office building with newer HVAC, parking, and additional land for development.
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: Over 4,700 square feet of office space in a 1955 brick building; 3.84 acres included across Lots 1, 2, and 4; Newer HVAC system with central air and forced‑air heating
More about this property
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