Brick Office Building with
For Sale
$375,000
401 E Sangamon Avenue, Springfield, IL 62702
Functional professional setting with private offices, meeting space, support areas, and convenient access to major arterial roads.
Property Size5,355 SF
Price / SF$70.03
Days on Market135
Property Features for 401 E Sangamon Avenue
General Information
Standard status
Active
Size
5,355 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$12,777
Amenities
Tile, Carpet
3
25 Parking Spaces.
Building Details
Year Built
1979
Stories
1
Listing Agency:
Todd P Smith Real Estate
(217) 553-5439
Listed By:
Todd Smith · License #471004523
Source:
Xome
Added: Apr 20
Changed: Aug 30
Last Checked: Aug 31 at 2:08PM
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 Real Estate
Investment Insights
Based on property information with market context.
Built in 1979, this approximately 5,355-square-foot brick office property provides a practical layout for an owner-user or professional operation. The interior includes a reception and waiting area, eight private offices, a conference room, storage rooms, a break room, restrooms, and a partial unfinished basement. The remaining foundation area is configured as crawl space. Access ramps serve the building, and the roof was replaced in April 2026.
The property is located at 401 E Sangamon Avenue in Springfield, directly across from Lincoln Park. The site includes 25 on-site parking spaces and approximately 7,650 square feet of excess yard area. Signage visibility is available from the property, with access to 5th Street and Veterans Parkway. A shed is present on the site but is excluded from the sale and may be negotiated separately.
The property is located at 401 E Sangamon Avenue in Springfield, directly across from Lincoln Park. The site includes 25 on-site parking spaces and approximately 7,650 square feet of excess yard area. Signage visibility is available from the property, with access to 5th Street and Veterans Parkway. A shed is present on the site but is excluded from the sale and may be negotiated separately.
Key Highlights
- Approximately 5,355‑square‑foot brick office building constructed in 1979
- Interior includes 8 private offices, conference room, reception area, storage, break room, and restrooms
- Roof replaced in April 2026
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 62702, IL
33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Functional professional setting with private offices, meeting space, support areas, and convenient access to major arterial roads.
Where is this office building located?
The property is located at 401 E Sangamon Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approximately 5,355‑square‑foot brick office building constructed in 1979; Interior includes 8 private offices, conference room, reception area, storage, break room, and restrooms; Roof replaced in April 2026
